Measuring Singapore"s external economy
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Measuring Singapore"s external economy by Sinagpore Dept of Statistics

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Published by Dept. of Statistics, 1997. in Singapore .
Written in English

Book details:

Edition Notes

SeriesOccasional paper series -- 33
LC ClassificationsMLCM 2010/40858 (H)
The Physical Object
Pagination16 leaves ;
Number of Pages16
ID Numbers
Open LibraryOL24883163M
LC Control Number2010446052

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The economy depends heavily on exports, particularly of electronics, petroleum products, chemicals, medical and optical devices, pharmaceuticals, and on Singapore’s vibrant transportation, business, and financial services sectors. The economy contracted % in as a result of the global financial crisis, but has continued to grow since Singapore's economy is characterised by excellent finances and a high degree of openness, with the country being highly dependent on international trade. However, GDP only grew % in The slowdown, the worst in 10 years, is mainly due to the trade war between the US and China and to a cyclical global downturn in the electronic sector. This important book is the first general overview of the macroeconomic nature and recent history of the Singapore economy. After discussing general features of modern Singapore's economy, government and development strategy, the authors analyze its macroeconomic history over the past three decades, as well as reviewing current macroeconomic Cited by: Even the government doesn't hold out much hope for a steep recovery, forecasting the island-nation's economy would grow percent in , narrowing a previous forecast of Author: Leslie Shaffer.

  Here are the few that I've read: Books by or about Lee Kuan Yew * The Singapore Story: Memoirs of Lee Kuan Yew vol 1 & 2 * My lifelong journey: Singapore's bilingual journey * One man's view of the world * Lee Kuan Yew: Grand Master's insights. Singapore’s economic freedom score is , making it the world’s freest economy in the Index. Its overall score is unchanged from , with . When the world economy falters, our economy will falter too. It is important, that we in Singapore must always be alert and ready for a global economic recession in the near future. We must be ready to put through the necessary policies for Singapore to pull through tumultuous times. Singapore has a highly developed and successful free-market economy. It enjoys an open and corruption-free environment, stable prices, and a per capita GDP higher than that .

Singapore GDP Growth Performance In the 10 years before the great recession, from to , Singapore’s GDP grew % on average. Singapore’s economy plummeted % in ; however, it managed to recover in and grew an impressive %. Since then, the economy has been on a sustainable growth track.   Global Housing Watch Newsletter: April In this interview, Sock-Yong Phang talks about her new book on Singapore’s housing market—Policy Innovations for Affordable Housing In Singapore: From Colony to Global is Celia Moh Chair Professor of Economics at the Singapore Management University, Singapore.   In the s, the city-state of Singapore was an undeveloped country with a GDP per capita of less than U.S. $ Today, it is one of the world's fastest-growing economies. Its GDP per capita has risen to an incredible U.S. $60,, making it . Singapore's economic system is that of a greatly developed and successful free-market economy. There is hardly any corruption with its open trading system. Prices are stable, with a GDP per capita that is higher than a majority of developed countries.