In Singapore, laws are necessary for trickle-down policies to work

In a commentary, SMU Associate Professor of Law Eugene Tan discussed the necessity for laws in order for trickle-down policies to work. He explained that while the three-in-one Unity, Resilience, and Solidarity Budgets demonstrate the resolve of Singapore to ensure businesses and households are help...

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Bibliographic Details
Main Author: EUGENE, Tan K. B.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2020
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Online Access:https://ink.library.smu.edu.sg/sol_research/3834
https://ink.library.smu.edu.sg/context/sol_research/article/5792/viewcontent/20200409_CNA_Singapore_Comment.pdf
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Institution: Singapore Management University
Language: English
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Summary:In a commentary, SMU Associate Professor of Law Eugene Tan discussed the necessity for laws in order for trickle-down policies to work. He explained that while the three-in-one Unity, Resilience, and Solidarity Budgets demonstrate the resolve of Singapore to ensure businesses and households are helped amid the public health concerns and the economic fallout of the COVID-19 global pandemic, self-seeking behaviour can undermine well-intended measures as trickle down outcomes end up not materialising. However, he noted that laws have their limitations too, and concluded that an internally driven mode of compliance could be far more effective.