Tee Koon Hui and Hong Seung Hyun
BOTH WRITERS ARE FROM ASEAN+3 MACROECONOMIC RESEARCH OFFICE. TEE KOON HUI IS SENIOR ECONOMIST AND HONG SEUNG HYUN IS GROUP HEAD AND LEAD ECONOMIST
Singapore’s special transfers expenditure: a strategic fiscal approach to resource allocation
The mechanism behind this spending shows how institutional design can balance short-term responsiveness with long-term discipline
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