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Singapore can't avoid next crisis, but it can strengthen its resilience: Heng

The tools to mitigate worst of business cycles have also evolved since bank's collapse

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Singapore's ability to meet the new challenge will hinge on its ability to understand the impact of ultra- accommodative central bank policies, adapt to structural changes in the global economy and maintain a disciplined central bank, says Mr Heng.

Singapore

A GLANCE outside the window of his Shenton Way office at the height of the 2008 global financial crisis was all it took for Heng Swee Keat, then managing director of the Monetary Authority of Singapore, to grasp the extent to which markets and economies around the world were

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