Challenges for the Singapore Economy After the Global Financial Crisis

This book is a collection of invited and selected papers from the Singapore Economic Policy Forum 2009 around a central theme, Challenges Facing Singapore in the Post-Crisis Era and Policy Responses.

There are very few books on the Singapore economy. This one is largely non-technical in nature and brings the reader up to speed on the key issues facing policymakers in Singapore in the wake of the worst financial crisis since the Great Depression. The contributors are all experts in their field and have extensive experience of the Singapore economy. The book also offers an international dimension to look at the role of China in the Asian economy and the impact on Asia of reforms to the international financial architecture.
Contents:Introduction (Peter Wilson)The Post-Crisis Era: Challenges for the Singapore Economy (Manu Bhaskaran and Peter Wilson)Economic Policy-Making in Singapore: Some Reflections (Basant K Kapur)Reform of the International Financial Architecture, the G20 and Asia (Pradumna R Rana)The Current Productivity Drive in Singapore and Labor Market Policies (Chew Soon Beng and Rosalind Chew)China as an Emerging Market for Singapore: Challenges and Opportunities (Yunhua Liu)Equity in Singapore's Healthcare Financing (Tilak Abeysinghe, Himani and Jeremy Lim)Monetary Policy in Singapore and the Global Financial Crisis (Chow Hwee Kwan and Peter Wilson)Fiscal Policy in Singapore and the 2010 Budget (Lee Soo Ann)Singapore's Exchange Rate Policy: An Evaluation (Partha Sen)Citizen-Government Partnership for Social Equity: How It Strengthened with the Global Crisis (Chew Soon Beng and Rosalind Chew)
Readership: Students and researchers who are interested in the Singapore economy.
Keywords:Singapore Economy;Global Financial CrisisReview:
“In this authoritative and stimulating volume, Peter Wilson and his team of leading Singapore intellectuals provide a rigorous, forward-looking analysis of policy options and challenges. The international parameters are likely to include slower global economic growth and continuing asset price volatility, while at home the challenges include the evident secular decline in productivity growth and a range of pressing social policy issues. A must-read volume. ”
Hal Hill
H W Arndt Professor of Southeast Asian Economies
Australian National University

“This is a timely book with fresh insights and recommendations which reframe policy issues in key areas. The bold proposals are a valuable contribution to the debate on the future of Singapore in general and its economy in particular.”
Phang Sock Yong
Professor of Economics
Singapore Management University
Key Features:This is a timely book which brings together a number of experienced observers of the Singapore economy to provide up-to-date and relevant policy proposals on many areas of public policy, including health, education, monetary and fiscal policy and issues connected with the labor market and social equity