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It's make-or-break time for Singapore

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A nearly deserted Raffles Place at about 5.30pm on Tuesday. It is worth noting that the marginal costs of lockdowns increase dramatically with duration. Short lockdowns impose a relatively minor cost, longer ones disproportionately more.

Singapore

SINGAPORE has finally shut schools and curbed non-essential physical interaction in an attempt to break the chain of Covid-19 transmission. The next month is a make-or-break time as residents decide on the fate of the nation.

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