What If Temasek Actually Earned 17%?
Dr Christopher Balding While I have written extensively about the return discrepancies at Temasek let us consider the possibility that I am wrong. In fact, let us go so far as to assume that everything Temasek has claimed about its returns is completely and entirely accurate in every way. In this column from this point...
The Transitive Property and the Problem of Singapore Finances
Dr Christopher Balding The transitive property in the study of logic defines how truths relate to each other. The simplest example is if A = B and B = C then by definition A must equal C. Taking a simple example, let’s assume that my friend tells me all cars are blue and that he has a car. By extension I can know that my...
Is CPF an extortionate hedge fund?
The important thing about Singaporean public finances and sovereign wealth funds that even most Singaporeans fail to grasp is their absolute centrality to most any economic and even many social issues. You simply cannot discuss most any major issue in Singapore today without weighing the importance of Temasek, GIC, and Singaporean...
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