Recognised as a leading international financial hub, Singapore boasts deep capital markets, a dense banking network, and one of the world’s most developed defined-contribution pension systems. Yet sophistication at the national level does not always translate into optimal decisions at the household level.

Professor William Michael Hanemann is one the world’s preeminent scholars on water economics, climate change impacts, and the policy implications of both. He designed the water rates for Los Angeles California that have been used successfully for 25 years and has consulted state and federal water agencies. His lecture, “The Limits to (Conventional) Economics as a Guide to Managing Water,” part of the Lim Tiam Seng Lecture Series, was well attended by an alert and engaged audience.

Resilience has become a familiar term in recent years, especially after COVID-19, supply chain disruptions, rising geopolitical tensions and rapid technological change. But today, resilience is no longer just about recovery. It is about how countries and regions adapt and rethink how they operate in a more uncertain and fragmented world. For ASEAN, this challenge is particularly complex. Resilience looks different across emerging technologies, global value chains and health and other non-traditional security issues. And policy choices in one area can create vulnerabilities in another. In this episode's of Policy Unpacked, join our expert panel, LKYSPP's Dr. Denis Hew and Dr Miguel Gomez, Senior Research Fellows at the Centre on Asia and Globalisation, SMU's Associate Professor Chang Pao Li and RSIS' Professor Mely Anthony, as they explore what resilience really means for ASEAN and what it will take for the region to remain competitive, resilient and secure.

Southeast Asia is navigating a far more contested and uncertain strategic environment. Military tensions, major power rivalry and territorial disputes are growing, while transboundary challenges from economic shocks to cyber risks, are testing the region's resilience. For ASEAN, this raises a critical question: How can the region remain stable, resilient and relevant as global power structures shift? Tune in to this episode of Policy Unpacked with LKYSPP's Prof Selina Ho, Prof Khong Yuen Foong as well as, NUS' Law School's Prof Tan Hsien-Li, as they examine how changing global dynamics are reshaping the Asian regional order and what this means for ASEAN's role going forward.