A cargo ship leaves the Tanjong Pagar container port in Singapore. The Lion City’s export-dependent economy has taken a hit from the trade war, with its economy contracting 3.4 per cent in the second quarter of 2019. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

Economic slowdown’s spread to Asia highlights the need for global policy coordination

  • The sluggishness of the global economy shows the need for broad policy coordination to head off the next financial crisis
  • The challenge will be creating conditions that are self-sustaining and which work for all economies, not just a few

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A cargo ship leaves the Tanjong Pagar container port in Singapore. The Lion City’s export-dependent economy has taken a hit from the trade war, with its economy contracting 3.4 per cent in the second quarter of 2019. Photo: AFP
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