![The new economy: Too fast, too furious? The new economy: Too fast, too furious?](/sites/economics.smu.edu.sg/files/news/soe_news_16.jpg)
In a commentary on Singapore’s economic restructuring previously published in The Straits Times, SMU Professor of Economics (Practice) Augustine Tan warned that there could be a repeat of the recession in 1985 caused by restructuring too drastically to raise productivity.