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Should investors fear a 'leftward' tilt in policies?

Manu Bhaskaran
Manu Bhaskaran8/21/2020 07:00 AM GMT+08  • 10 min read
Should investors fear a 'leftward' tilt in policies?
Major crises shake up existing policy frameworks. Asian governments will need to usher in new ones to stay ahead of the curve.
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THE EDGE SINGAPORE - Major crises often shake up existing policy frameworks and usher in fundamentally new ones. As the world endures the worst pandemic in modern history, massive failures in public policy and political leadership have been exposed in many countries, undermining the current order and making a big break with past policy approaches more likely.

In the US, the Democratic candidate for the presidency, Joseph Biden, is leading the opinion polls. This matters because Biden has committed himself to the most progressive Democratic election manifesto since 1972, and there is an increasing feeling that a groundbreaking change is in the offing in the US. And where the US goes, quite often others will follow.

What shake up in policies should we expect around the world and where will that leave Southeast Asia?

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