Home > Recommended Readings
We curate a collection of insightful readings to deepen your knowledge on the sectors you are passionate about.
Tianjin Daily: Eco-city promotes solid waste reduction at source, and will achieve 9 "no waste" scenarios
July 18, 2020 | By China-Singapore Eco-City
In order to actively promote the construction of a “wasteless city”, the Sino-Singapore Tianjin Eco-City, in accordance with the requirements of the “Implementation Plan for the Construction of “Wasteless City” Pilot Work”, strives to build a comprehensive management system for domestic waste, supporting intelligent waste sorting facilities and pneumatic transportation systems.
The Wave of Covid Bonds
June 23, 2020 | By Asian Infrastructure Investment Bank
Developing and developed countries alike are in a tough spot due to COVID-19. Some economists predict a quick V-shaped recovery, while others expect an L-shaped one. Still others anticipate an uneven W-shaped recovery. There is nevertheless agreement that governments need to do whatever it takes to address the crisis, and that trillions of fiscal firepower is needed to weather and recover from the crisis, such as through stimulus packages worth an unprecedented USD9 trillion globally.1
Tagged: Global Capital
Singapore secured S$13b in investment commitments in Jan-Apr 2020; exceeds EDB projection
May 30, 2020 | By Janice Heng, The Business Times
SINGAPORE secured S$13 billion in investment commitments from January to April this year, already exceeding the Singapore Economic Development Board's (EDB) full-year projection of S$8 billion to S$10 billion, Minister for Trade and Industry Chan Chun Sing said in a media interview on Saturday.
The investments, in areas such as electronics and infocomm media, are expected to generate a few thousand jobs in the coming years, said Mr Chan.
Tagged: Investment Promotion
Insurance and Guarantees for Successful Infrastructure Risk Mitigation in Asia
By Infrastructure Asia
Infrastructure projects have been crucial in Asia’s development journey, spurring growth, tackling poverty, and increasing connectivity. The demand for infrastructure will not let up; the Asian Development Bank estimates that Asia requires an investment of US$1.7 trillion every year until 2030. To help plug this gap and better manage project risks, the private sector must take on a larger role - but project structures need to first demonstrate good risk allocation principles, measures, and support arrangements. How can projects capture interest from investors with the right insurance and guarantees strategies?
Can technology eradicate supply chain risks?
In recent years, supply chains have come under tremendous scrutiny: in the information era, it is all too easy for consumers to find out whether their favourite clothing brands use sustainably sourced cotton, or whether the diamonds they buy are conflict stones. From fake eggs, horse meat passed off as beef, to fraudulent claims on coffee origin, consumer-facing industries face increasing pressure to commit to better practices. As a result, giants like WalMart, Sainsbury’s, Tesco, Unilever, Levi’s, Zara and many others have made ethical and sustainable supply chains a priority.
Tagged: Trade & Supply Chains
Reopening and reimagining Africa: How the COVID-19 crisis can catalyze change across the continent.
By McKinsey & Company
COVID-19 poses a grave threat to lives across Africa, with the World Health Organization (WHO) estimating that the continent could see up to 190,000 deaths over the next year if the pandemic is not controlled. In the face of this challenge, governments have acted fast, both to strengthen the capacity of health systems and to contain the spread of the virus: as of May 19, about half of Africa’s population lives in countries imposing some type of lockdown. But despite accelerating case numbers and still-low testing rates in many countries (Exhibit 1), as well as recent reports of a worsening health crisis in hotspots on the continent, some governments have started to ease restrictions with caution as economic pain becomes more acute for households.
Singapore pension system scores mid-ranking in global study of 70 pension plans
By Genevieve Cua, The Business Times
Ludovic Subran, Allianz chief economist, said: "Demographics and pensions have been eclipsed by other policies in recent years, first and foremost by climate change and today the fight against Covid-19. But you ignore demographics at your own peril. Demographic change will soon be back with a vengeance. Defusing the looming pension crisis and preserving generational justness and equality are key for building inclusive and resilient societies."
Tagged: Funds (Pension)
Allianz Global Pension Report 2020: The Silver Swan
By Allianz SE
The Allianz Global Pension Report takes the pulse of pension systems around the world with our proprietary pension indicator, the Allianz Pension Index (API). The index follows a simple logic: It starts the analysis with the demographic and fiscal prerequisites and then continues to examine pension systems along their two decisive dimensions: sustainability and adequacy. Hence, it is based on three sub-indices and takes all in all 30 parameters into account, which are rated on a scale of 1 to 7, with 1 being the best grade. By adding up all weighted subtotals, the API assigns each of the analyzed 70 countries a grade between 1 and 7, thus providing a comprehensive view of the respective pension system.
Tagged: Funds (Pension)
Africa Current Issues: China's Post-Corona Future in Africa
By NTU-SBF Centre for African Studies & Nanyang Centre for Emerging Markets
Global geopolitical tensions are rising amid the mounting human and economics toil of COVID-19, most notably between the world's two largest economies, the United States (US) and China. Friction between the two countries was on the rise well before the outbreak, due to a trade war. The virus's Chinese origin and the country's opaque management of its spread stoked even greater distrust between the two powers. US President Donald Trump and Germany's Bild newspaper even proposed that China pay restitution to affected countries.
Tagged: FDI & Investment Promotion
Special Economic Zones in Africa
By Thomas Farole, World Bank
Special economic zones (SEZs) are spatially delimited areas within an economy that function with administrative, regulatory, and often fiscal regimes that are different (typically more liberal) than those of the domestic economy. Operating through a variety of different forms—such as export processing zones, economic processing zones, free zones, and foreign trade zones—SEZs aim to overcome barriers that hinder investment in the wider economy, including restrictive policies, poor governance, inadequate infrastructure, and problematic access to land.
Tagged: Special Economic Zone
Extended Metropolitan Development in Southeast Asia: From Primate Cities to Territorial Urban Diffusion
By Goldblum, Charles & Wong TC., (pp. 359-383). Chapter In Rozenblat, C; Pumain, D. & Velasquesz, E. International and Transnational Perspectives on Urban Systems
Abstract Primate cities in Southeast Asia, primarily a Western colonization product, have evolved from port cities to metropolitan development since World War II. Their growth was mainly attributable to high postwar population growth rates, massive rural-urban migration, and export-led industrialization and agglomeration effects accelerated by global linkages.
Social housing in France: A Permanent and Multifaceted Challenge for Public Policies
By Wong TC & Goldblum, Charles
This paper examines the dynamics of social housing in France where housing subsidies are overwhelmingly broad to cover all citizens according to their needs. Such a generous policy has met with perpetual implementation problems when it comes to deal with housing shortage and poor quality issues of the target low-income groups. From the 1980s, fund availability was further affected by economic globalization causing falling business profitability and high unemployment rates. Upcoming social crisis has been met with public response via a series of remedial acts to promote social integration in housing and by identifying social ills and polarization in sensitive and problematic quarters.
Population Mobility, Urban Planning and Management in China
By Wong TC., Han, Shun Sheng & Zhang, Hongmei (pp. 1-13)
Pre-reform and post-reform are two distinct periods symbolizing a sea change in China’s urban landscape. Over the last three decades, this great nation has witnessed massive population mobility, dramatic urban expansion and high rates but also highly inflationary economic growth. This dynamic process has mobilized a great diversity of development strategies, urban planning skills, and management expertise to respond to economic reforms and to make modernization work.
Eco-city Planning: Policies, Practices and Design
By Wong TC & Yuen, Belinda (pp. 317)
From the Kyoto Protocol, Copenhagen Accord to the current Cancun Conference in Mexico, international concern has been expressed on how best to combat global warming effects to achieve a more sustainable environmental development. Despite differences in commitments and responsibilities from participating countries, the common goal is to protect our mother Earth and our common future.
Asian Cities, Migrant Labour and Contested Spaces
By Wong TC & Rigg, Jonathan (pp. 304)
This volume explores how migration is playing a central role in the renewing and reworking of urban spaces in the fast growing and rapidly changing cities of Asia. Migration trends in Asia entered a new phase in the 1990s following the end of the Cold War which marked the advent of a renewed phase of globalization. Cities have become centrally implicated in globalization processes and, therefore, have become objects and sites of intense study.
Spatial Planning for a Sustainable Singapore
By Wong TC., Yuen, Belinda & Goldlum, Charles (pp. 232)
In the last four decades, Singapore's urban development has gradually received an international reputation. From a city of just under two million people in 1960, we replaced squatters and slums with mostly high-rise, high-density public housing as well as industrial estates, commercial centres and parks and gardens. We demonstrated to our earlier well-meaning critics that a high-rise housing programme need not be automatically doomed to failure.
Financer L'Afrique Densifier les systèmes financiers locaux
By Cédric MBENG MEZUI
Le financement du développement est sans aucun doute une priorité pour l’Afrique.
Cela a été clairement approuvé par la communauté mondiale dans le Plan d’action d’Addis-Abeba en 2016. Pourtant, il y a une pénurie de connaissances pratiques sur cette question importante. Dans cet ouvrage, Cedric Mbeng Mezui comble cette lacune et jette un éclairage sur les développements récents et les tendances sur le continent. Le livre est un must pour les décideurs, les universitaires et les autres parties prenantes qui cherchent des solutions pour financer le développement de l’Afrique.