Publications

    3-in-1: Governing a Global Financial Centre
    Woo, Jun Jie. 2017. 3-in-1: Governing a Global Financial Centre. World Scientific Publishing, 128. Publisher's Version Abstract

    Jun Jie Woo, World Scientific Publishing, August 2017

    3-in-1: Governing a Global Financial Centre provides a comprehensive understanding of Singapore's past development and future success as a global financial centre. It focuses on three transformational processes that have determined the city-state's financial sector development and governance — globalisation, financialisation, and centralisation — and their impacts across three areas: the economy, governance, and technology. More importantly, this book takes a multidimensional approach by considering the inter-related and interdependent nature of these three transformational processes. Just like the 3-in-1 coffee mix that is such an ubiquitous feature of everyday life in Singapore, the individual ingredients of Singapore's success as a global financial centre do not act alone, but as an integrated whole that manifests itself in one final product: the global financial centre.

    David Dapice, April 2013

    Exports of rice to China have exploded and are now over half of total exports. Because of high support prices for paddy and thus for rice in China, it is profitable to send rice and even paddy to China from Myanmar, where the imported rice can sometimes get higher local prices. This could draw rice away from “normal“ exports out of Yangon and even raise the price of paddy (and thus rice) in Myanmar to a level above the world price, causing imports to Myanmar. Imports to Myanmar would keep the price of rice lower than if the China price set Myanmar’s price. The major point for Myanmar is to use this as an opportunity for farmers to get higher prices and to produce more, but this will take different credit and input policies. This is a limited opportunity, for China may prefer to import rice officially by sea rather than informally through Yunnan. Indeed, border checks intensified in March 2013, reducing flows.