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Automatically translated version. May contain inaccuracies compared to the original.
This is interesting))) What they won't tell you in the book about Lee Kuan Yew
🚇 In impeccably clean Singapore, officials were 60% more likely to buy apartments within a kilometer of planned but not yet announced MRT stations. After selling, they received about 80 thousand Singapore dollars more for each year of ownership.
Researchers studied the period 2007–2019 years. After enforcement was tightened in 2011, the suspicious pattern disappeared. The government has already launched an investigation into possible cases of actual insider abuse.
The paper itself rather shows that tougher enforcement worked. But two professors asked to have their names removed from the acknowledgments, which is already a signal of the academic community's fear of a politically inconvenient topic.
Telegram publication
