Singapore’s Tharman calls for ‘activist’ policymaking over big government post-pandemic

Massive state spending and loans may be keeping the world economy afloat amid the coronavirus crisis, but this does not mean that a global rebirth of big government is inevitable, according to Singapore’s ruling party heavyweight Tharman Shanmugaratnam.Instead, the 63-year-old politician – one of Asia’s most keenly followed economic voices – said policymakers should adopt an “activist” approach whereby governments remain lean but pour resources into activities where state intervention is most…



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