Singapore: Selected Issues
April 26, 2004
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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.
Subject: Balance of payments, Corporate bonds, Corporate sector, Current account, Economic sectors, Financial institutions, Financial markets, Production, Securities markets, Total factor productivity
Keywords: age distribution, Asia and Pacific, Corporate bonds, Corporate sector, CR, Current account, East Asia, external shock, Global, investment, is total factor productivity, ISCR, market infrastructure, profitability indicator, savings-investment balance, Securities markets, Singapore, surplus, Total factor productivity
Pages:
47
Volume:
2004
DOI:
Issue:
103
Series:
Country Report No. 2004/103
Stock No:
1SGPEA0012004
ISBN:
9781451834208
ISSN:
1934-7685
