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.

    Stephen Goldsmith, January 2017  

    This report discusses how the private sector should be deployed to help deliver and maintain the United State's crucial water infrastructure in a timelier and more cost-effective manner. To achieve this end, it is imperative to remove deep-seated obstacles and biases at the federal level that impede the use of private financing modalities, such as P3s. As discussed in this report, policies and legislative barriers need to be thoughtfully modernized and amended in order to enable the Nation to transfer risk, accelerate delivery, and secure life-cycle efficiency in the delivery of critical water resource infrastructure. 

    In this report, Innovations in American Government Fellow Charles Chieppo outlines a number of reforms intended to put the Massachusetts Bay Transportation Authority’s (MBTA) fiscal house in order.  Specifically, Chieppo notes that the MBTA Fiscal Management and Control Board found that the T is looking at a $170 million shortfall for the current fiscal year, which is projected to grow to $427 million by fiscal year 2020. With increases in expenses far outpacing revenue growth, absent reform, the T’s financial problems will continue to compound in future years leading to deteriorating infrastructure and faltering service levels. 
    Economics of the Public Sector
    Stiglitz, Joseph E, and Jay Rosengard. 2015. Economics of the Public Sector. W.W. Norton & Company. Visit Publisher's Site Abstract
    What should be the role of government in society? How should it design its programs? How should tax systems be designed to promote both efficiency and fairness? Nobel Laureate Joseph Stiglitz and new co-author Jay Rosengard use their first-hand policy-advising experience to address these key issues of public-sector economics in this modern and accessible Fourth Edition.
     

    Tony Saich, August, 2013

    This working paper focuses on an aspect of governance that is crucial to the next phase of China’s development: reducing state monopolies in order to enhance economic efficiency and promote more equitable growth. It is important to note that monopoly control in the Chinese political economy is not simply an economic phenomenon but also a phenomenon deeply embedded in a comprehensive system of power. Monopolies in the economic sphere (resources, prices, markets, and assets) are serious, but they are derived from the legacy of the centrally planned economy. They are also rooted in the traditional structure of Chinese society and its culture. In this paper, we will present a comprehensive examination of the phenomenon of monopoly control in the Chinese system.