Singapore : Staff Report for the 2011 Article IV Consultation.

Singapore's economy is slowing against the backdrop of a deteriorating external environment and a softening of exports. The main near-term risks are a protracted slowdown in advanced economies and a sharp increase in global financial stress. Given Singapore's openness, these shocks would h...

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Bibliografiska uppgifter
Institutionell upphovsman: International Monetary Fund
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Staff Country Reports; Country Report ; No. 2012/042
Länkar:Full text available on IMF
Beskrivning
Sammanfattning:Singapore's economy is slowing against the backdrop of a deteriorating external environment and a softening of exports. The main near-term risks are a protracted slowdown in advanced economies and a sharp increase in global financial stress. Given Singapore's openness, these shocks would hit the economy severely through weaker exports, reduced capital inflows, slower credit, and a fall in financial market activity. The authorities have sufficient policy space to deploy a decisive response in case these risks materialize. A rapid increase in foreign currency lending may also raise the risk of funding strains.
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Fysisk beskrivning:1 online resource (48 pages)
Materialtyp:Mode of access: Internet
ISSN:1934-7685
Tillgång:Electronic access restricted to authorized BRAC University faculty, staff and students