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Singapore 2012 Article IV Consultation; Staff Report, Informational Annex, Public Information

Singapore’s large financial sector has remained resilient. The output has shown to rebound strongly despite a drop of 9 percent in GDP during 2008-early 2009. The new challenges include consumer price inflation, income inequality, and rising housing prices. The downside risks for the Singapore econo...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Government And The Monetary System
Inflation
Credit
Payment Systems
Income
Banks
Finance
Labour; Income Economics
Banks And Banking
Industries: Financial Services
Monetary Economics
Regimes
Financial Institutions
Deflation
Unemployment: Models, Duration, Incidence, And Job Search
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Unemployment
Aggregate Factor Income Distribution
Mortgages
Demand And Supply Of Labor: General
National Accounts
Money
Labor
Price Level
Standards
Loans
Monetary Systems
Prices
Macroeconomics
Banking
Money And Monetary Policy
Singapore
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Singapore’s large financial sector has remained resilient. The output has shown to rebound strongly despite a drop of 9 percent in GDP during 2008-early 2009. The new challenges include consumer price inflation, income inequality, and rising housing prices. The downside risks for the Singapore economy are large, but the country has large buffers and significant policy room to dampen the immediate and longer-term effects of a sharp global slowdown. The authorities have ample policy space and instruments to address the negative impact of economic shocks
Physical Description:53 pages
ISBN:9781475504873

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