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.
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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.
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.
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.
