"But two immediate questions arise: What are the trade-offs involved in reducing emissions? How would our daily lives be impacted?"

24 February 2022 :Prof Euston Quah on ” Calibrating the costs and benefits of Singapore’s carbon tax”

24 February 2022 11:21:40 AM

Economic Society of Singapore

24 February 2022 :Prof Euston Quah on ” Calibrating the costs and benefits of Singapore’s carbon tax”

“The trade-off? Rising business costs and a squeeze on profits. As an export-oriented economy – exports constitute more than 170 per cent of our gross domestic product – Singapore runs the risk of its international competitiveness being hurt by the imposition of a substantial carbon tax as our trading partners turn to competitors who, without a carbon tax, can under-price us”.

“In his Budget speech, Finance Minister Lawrence Wong said that an increase in carbon tax to $25 a tonne is estimated to lead to a rise in utility bills for an average household by $4. What about the impact on our overall cost of living?”

To read more, click here. (Source: SUSS & Straits Times)

"The role of higher education in Singapore’s economic growth "

Hear from Prof Lee Soo Ann as he shares insights on the role of higher education in driving Singapore’s economic growth. Prof Lee has taught in the University of Malaya in Singapore and its successor, the University of Singapore as well as the National University of Singapore. He was the Economic Adviser to the United Overseas Bank and was on the board of two of its subsidiary companies, He sat on the board of other companies (Jurong Town Corporation, the Port of Singapore Authority, the National Productivity Board, and the board of trustees of the University of Singapore. Through years of research, teaching, and administrative services, Prof Lee has a bird’s eye view of the Singapore’s economic growth over the last seven decades!

Read More
Singapore Economic Policy Forum 2022

Singapore Economic Policy Forum 2022

Advancing social good has increasingly been a key objective of societies globally. This complex goal is a multifaceted one, including creating a just and fair meritocracy, lifting vulnerable socioeconomic groups, ensuring retirement adequacy, increasing labour market mobility, tackling environmental problems, empowering people through education and training, promoting financial freedom, enhancing access to healthcare, and more.

Read More

ESS Secretariat
Economic Society of Singapore
c/o Department of Economics

National University of Singapore
1 Arts Link
Singapore 117570

Tel: (65) 6773 2913

Fax: (65) 6775 2646

Email: esocsing@gmail.com