Commentary

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

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.

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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'. Print Edition | Subscribe