The Case for State-Owned Pseudo-Equity: Saving Singapore SMEs

Marti Subrahmanyam

By Marti Subrahmanyam and Joseph Cherian

By Marti Subrahmanyam and Joseph Cherian

The Covid-19 pandemic is an extraordinary event in human history that has had epic health and economic consequences. On the economic dimension, many responsible governments, including Singapore's, have come up with large stimulus, care and support financial packages to firms and their employees

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Marti Subrahmanyam is the Charles E. Merrill Professor of Finance, Economics and International Business