Singapore: 2012 Article IV Consultation; Staff Report, Informational Annex, Public Information
IMF Staff Country Reports, August 27, 2012
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- Singapore: 2012 Article IV Consultation; Staff Report, Informational Annex, Public Information
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Bibliographic details
- Published: August 27, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475504873.002
Main findings: resilience and output
- 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.
New and ongoing challenges
- Consumer price inflation.
- Income inequality.
- Rising housing prices.
Risks, buffers, and policy space
- The downside risks for the Singapore economy are large.
- 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.
Thematic subjects and keywords (as listed)
- Subject: Banking, Credit, Financial institutions, Income, Inflation, Labor, Loans, Money, Mortgages, National accounts, Prices, Unemployment
- Keywords: Asia and Pacific, Core CPI inflation, core inflation, CR, Credit, credit growth, fund, Global, growth performance, headline inflation, Income, Inflation, inflation expectation, ISCR, Loans, output gap, Singapore dollar, Singapore-dollar proceeds, U.S. dollar, Unemployment
Content in this bundle
- Singapore: 2012 Article IV consultation -- Staff Report; IMF Country Report 12/248; July 12, 2012