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

1 Opinion April 14, 2020 Stern in the News ![Marti Subrahmanyam](/sites/default/files/styles/246w/public/assets/images/con_035420.jpg?itok=M0hGBgt6) 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

Read the full [*Business Times* article](https://www.businesstimes.com.sg/sme/the-case-for-state-owned-pseudo-equity-saving-singapore-smes).

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

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