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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.

Auctions, Market Experiments and Public Policy

Interview  -  Bart Wilson, Stephen Rassenti, Vernon L. Smith

A discussion with Professors Vernon L. Smith, Stephen Rassenti and Bart Wilson

Serving Beyond the Predictable

Article  -  Jocelyne Bourgon

The public sector needs a unifying framework to reconcile the efficiency gains of the past with the participative, explorative and adaptive strategies needed to address tomorrow's complex challenges, argues Jocelyne Bourgon, President of Public Governance International and President Emeritus of the Canada School of Public Service.

Editorial Issue 3

Editorial  -  Alvin Pang

Opinion: The Real Challenges of an Ageing Population

Opinion  -  Andrew Kwok

The ageing of populations worldwide has had national governments scrambling to stave off looming economic decline and fiscal disarray.

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.

Homes for a Nation — Public Housing in Singapore

Article  -  Yap Chin Beng

To meet the changing needs and aspirations of a more affluent and diverse population, Singapore's public housing will have to evolve in significant new directions in the coming decades.

Community in Bloom

Article  -  Simon Longman

Community In Bloom is a programme by the National Parks Board (NParks) to promote a gardening culture and a greater sense of civic ownership and participation among Singaporeans by encouraging and facilitating community gardening.

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.

Poverty, Capabilities and Social Justice

Interview  -  Martha C. Nussbaum

The renowned social philosopher discusses her concept of essential human capabilities, and their implications for dealing with poverty and social development.