TR EMERITUS

An interesting but often ignored in the globalization debate is the story of Iceland. One of the most memorable reply to the question why Iceland didn’t fail as many had predicted came from former President of Iceland, Olafur Ragnar Grimmson: “We were wise enough not to follow the traditional prevailing orthodoxies of the... 

"Singapore must avoid deep divisions as seen in the UK, US" so said our Lee Hsien Loong at the APEC summit. He puts the issue down to the narrative of the impact of technology and economic change. In this he firmly puts himself well within the liberal order albeit in his case just the economic version of free markets of trade,... 

Here is a reason why I think Trump may not be as protectionist as his campaign rhetoric suggest. Let's look at the fiscal stimulus. The infrastructure spending plan is around US$550b spread over 5 years - a boost to the GDP by 0.5% a year. His campaign tax plan to benefit both households and business adds another shot of 4%...