singapore central bank

Singapore harbour

Et tu Singapore? Another central bank suffocates the economy?

July 22, 2015 | By Benjamin Cole via Marcus NunesHistorinhas | Singapore is every economist’s favorite nation, for its often free-market or price-sensitive approach to government. And the city-state has boomed for generations, verifying economists are right. But now, reports The Economist in its July 18 issue, Singapore’s productivity is dying on the vine, much like that of the United States, or Europe.