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The Asian Financial Crisis in Hindsight

Article  -  Donald Low

The Asian Financial Crisis might well be the first major crisis of globalisation. Donald Low examines its causes and implications ten years on.

Marina Bay: The Shape of Things to Come

Article  -  Benjamin Ng, Ching Tuan Yee

Singapore's new waterfront business district will feature state-of-the-art infrastructure and urban design features.

Implications of Prospect Theory on Road Pricing

Article  -  Anthony T. H. Chin

While the economic costs of traffic congestion are well documented, the effectiveness of economic instruments, such as road pricing, in containing traffic congestion is less clear. Prospect Theory, a leading behavioural model in experimental economics, may explain inelastic driver behaviour in response to road pricing during peak hours. It may also shed light on the phenomenon of consumers who continue driving despite its higher economic cost relative to other modes of transport.

Making Workfare Work: The US Experience — Interview with Lawrence M. Mead

Interview  -  Theresa W. Devasahayam

New York University’s Professor Lawrence M. Mead discusses workfare and income inequality in light of the US experience after a decade of welfare reform.

Water Management in Singapore

Article  -  Cecilia Tortajada

Singapore has developed from a water-scarce developing nation to a world leader in the field of water management in the space of three decades. Dr Cecilia Tortajada reviews the city-state's water practices and strategies in detail.

Indonesia in the Financial Crisis: Advent and Aftermath

Interview  -  Premarani Somasundram

Interview with Adam Schwarz

The Nordic Social Security Model: Squaring the Circle?

Article  -  Koh Tsin Yen

The Nordic states appear to have achieved an enviable balance between strong economic growth and generous welfare provisions, but they too face new pressures from globalisation.

Security with Self-Reliance: The Argument for the Singapore Model

Article  -  Lim Xiuhui

Singapore's system of social security is based on enabling self-reliance, supported by strong family and social networks.

Asia After the Crisis: What Now, What's Next? — Interview with Timothy F. Geithner

Interview  -  Donald Low

Timothy F. Geithner, President and CEO of Federal Reserve Bank of New York, discusses monetary and fiscal policy in the region a decade after the Asian Financial Crisis.