Nobel-Prize winning economist Paul Krugman was the speaker at the SMU Sim Kee Boon Institute for Financial Economics public lecture on Wednesday titled “Global Economic Outlook: Preventing the Next Crisis”. At the lecture, Prof Krugman highlighted the need for governments to adopt a more comprehensive financial reform. At a separate press conference, Prof Krugman commented on the developments of the US economy, as well as Barack Obama’s re-election into the White House.

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