Role of the State in Singapore

Much has been discussed on the prevailing role of state intervention all around the world. The discussions of state intervention have frequently been associated as an exemplary cause of poor countries. Though the list is not exhaustive, there remains a minority in which the extremeness of state intervention in the country has been the sole…

The Significance of Capital Flows

As globalization progress, the economy of countries are becoming more inter-connected. Manipulation on currencies and capital controls to drive up exports are increasingly common in the modern world. These are all by-products of the movement of capital within and between countries. So what exactly does Capital Flow mean?