Regulators in China and Japan have recently rolled out significant changes as they come to terms with rapidly growing virtual currencies such as bitcoin. Despite policymakers still facing major obstacles to oversight of this digital marketplace, their moves could offer some lessons for other countries.Continue Reading
Should water utilities be public or private? Research has investigated the impacts of private sector participation on the performance of utilities, but the conclusions are diverse. For example, some empirical …Continue Reading
Singapore is known for its efficient land-use planning, which is due in no small part to the contribution of Dr Liu Thai Ker who is often credited as the architect of modern Singapore. The slideshow below pulls out sound bites from a recent interview conducted by the Journal of Infrastructure, Policy and Development with the former Singapore master planner. Here, he discusses the factors that have led to successful infrastructure development and urban design in the city-state.Continue Reading
Not long ago, over dinner in Singapore, we attempted to define what qualities make a great leader.
For Klaus, the five key elements were heart, brain, muscle, nerve, and soul.…
Rising nationalism, persistent threats of terrorism and North Korea’s unpredictability are just some of the issues that have contributed to growing international tension in recent times. This has put increased pressure on world leaders to engage in effective conflict management to ensure peace.Continue Reading
Constitutional reforms entail huge risks for the future of a country. Eduardo Araral, Vice Dean of Research at the Lee Kuan Yew School of Public Policy, explains why and how Game Theory can be used as a tool to predict worst-case scenarios and map out strategic solutions to ensure that the best possible outcome is achieved.Continue Reading