Singapore: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 103

Publication date: April 2004

ISBN: 9781451834208

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Finance , ISCR , CR , Singapore , surplus , external shock , investment , savings-investment balance , profitability indicator , age distribution , market infrastructure , is total factor productivity , Total factor productivity , Corporate sector , Securities markets , Corporate bonds , Current account , Global , East Asia , Asia and Pacific

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Summary

The paper first uses the production function to analyze the sources of past growth in Singapore and compares it with the experience of other Asian and industrialized economies. This study also provides some thoughts on how to boost medium-term growth prospects in Singapore, and assesses the growth slowdown of the past few years in Singapore reflecting cyclical versus structural factors. The assessment given in this paper suggests that there are returns to be had from investment in education and structural reforms.