Has Indonesian Private Outflows Been Funding Singapore’s Development?

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Ever wondered why Singapore’s economic growth has been so rapid and its currency so strong? Its currency even strengthens when the region goes into crisis. Conventional reasons put forward so far fail to answer both convincingly. A little research provides a possible robust answer. Read about it here.

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Singapore’s strong economic growth and its currency strength have been a mystery for a long time. The reasons that have been put forward tend to fail in answering both. Some digging around appears to have answered both questions. Read about it here.

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