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Will Singapore see a recession because of the Iran war?
Oxford Economics’ senior economist Sheana Yue says that Singapore may see more of a slowdown rather than a “deep recession”.
With a two-week ceasefire in place, how will things get better from here, or will we see knock-on effects continue to worsen?
Also, with the rules-based international order in disorder, does Singapore need to find a new way in its diplomacy efforts?
As Mr Danny Quah, Li Ka Shing Professor in Economics at the Lee Kuan Yew School of Public Policy, puts it: “We can’t let the bad overwhelm what’s good in the international system.”
Highlights (click/tap above):
4:12 Iran war uncertainty’s impact on Singapore
10:53 Singapore’s 1973 oil crisis lessons
17:21 Better placed to handle this war?
20:12 “We have a bit of breathing space.”
23:30 Do we need more handouts?
29:21 Is Singapore headed for a recession?
32:01 Stagflation a worry for all countries
35:55 Should we throw out the old diplomacy rulebook?
43:39 The worst-case Iran war scenario
Host: Natasha Ann Zachariah (natashaz@sph.com.sg)
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Edited by: Eden Soh, Amirul Karim & Natasha Liew
Executive producer: Danson Cheong
Editorial producer: Elizabeth Law
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