Subject: Share the View: Singapore Grows Up
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 30 Mar 2015 05:00:19 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Mar 30, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2frb8.=iy/VQ8zgUmOo5ZTej6GBa64f" style="text-decoration:none;color:#00b9e7;line=height:1.6em">Asia

The Editors: "In =uilding Singapore into a modern economic power, the late Lee Kuan Yew disp=ayed admirable flexibility -- scrapping policies that didn’t work,=expanding those that did. His political heirs should be similarly pragmati= about revising the illiberal social and political policies for which Lee =as equally famous." Re=d more...

Clive Crook: "Westerners thin= that prosperity and liberty go hand in hand. Lee and Deng believed that o=der, more than liberty, is the handmaiden of growth. Their successors, and=leaders elsewhere who'd like to emulate them, agree. Lee thought a compete=t meritocratic government should have the paramount role, not just in prov=ding order but also in guiding economic development. The success of 'Asian=capitalism' seems to prove him correct. Is this right?" Read more...

Transportation

Adam Minter: "Commercial flying, as =nyone who steps onto a plane knows, is an increasingly stressful activity =or passengers. But the same goes for flight crew. In recent years, crews h=ve often had to sacrifice compensation and time off, even as their workloa=s have increased. Of course, airline pilots aren’t alone in facing=such job-related stresses. But they are unique in their responsibility for=multimillion-dollar vehicles and the hundreds of people they carry." Read more...

Currency

Mark Gilbert: "Af=er more than half a decade of inactivity on interest rates, the U.S. Feder=l Reserve believes economic conditions have improved enough that it can ra=se borrowing costs. The only question is when, rather than if, to move. Ce=tral bankers in the U.K., by contrast, are suggesting they could raise, or=lower, or leave their key rate unchanged from the 0.5 percent level that's=also prevailed for the past five years. Their lack of certainty should mak= the Fed less gung-ho in its rush to escape the so-called zero bound." Read more...

Congress

Albert R. Hunt: "=n November, the Republican narrative was that the Tea Party movement was i= decline, which would make it easier for congressional Republican leaders.=The message was repeated last week as the Republican majorities in the Hou=e and Senate passed budgets. The idea that the right has been subdued is a=mirage." Read more...<=a>

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