Commentary

Resurgent protectionism a challenge to S'pore's trade-dependent growth model

New: Gift this subscriber-only story to your friends and family

Singapore may have to tread a treacherous path to economic recovery as new barriers to trade and investment are going up worldwide.

The global economy is now seemingly travelling back in time - heading for its worst recession since the 1930s and in some ways, invoking the inimical policy environment surrounding the Great Depression era.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on May 02, 2020, with the headline Resurgent protectionism a challenge to S'pore's trade-dependent growth model. Subscribe