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![]() Toby NangleFinancial Times |
New bill tackles some pressing issues but much more reform is needed
Consolidating funds should unlock cheaper ways to allocate to so-called productive finance
Having the decisions of the MPC define fiscal space directly cannot be right
The industry has not had much to celebrate of late but some things are looking up
Tight fiscal rules can prevent the kind of investment which has helped the city state to thrive
Market prices can change expectations, as well as reflect them