Save or spend? Crunch tests

The Straits Times published an article by Linda Lim, a professor of strategy at the University of Michigan's Ross School of Business, arguing that Asian economies should save less and spend more. The article spawned an exchange between Professor Lim and Professor Tommy Koh, chairman of the Centre for International Law at NUS. Straits Times concludes the debate with the contributions from Professor Augustine Tan of Singapore Management University and Professor Lim.