Why trade imbalances matter to us The 2008 economic crisis moulded a new economic paradigm, which in turn caused a systemic shift in the global balance of power. Its ramifications were particularly pronounced for Singapore. The bleak times exemplified the dangers of relying too heavily on foreign investments, and showed that there is a strategic [...]

Globalisation has not made us as “global citizens” in a “global village”: we have yet to achieve globalisation of governance – essential in addressing and aiding the recovery of what Barack Obama calls a “planet in peril”.