Singapore: Staff Report for the 2013 Article IV Consultation
IMF Staff Country Reports, November 14, 2013
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- Singapore: Staff Report for the 2013 Article IV Consultation
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Bibliographic details
- Published: November 14, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475521054.002
Growth performance and outlook
- Growth decelerated to 1¼ percent in 2012 before picking up sharply in the first half of 2013.
- The near-term outlook is for GDP to grow by 3½ percent in 2013-2014, supported by stronger demand from major advanced economies, despite some softening in regional economies.
- The growth slowdown and volatility reflect shifts in G3 (U.S., Europe, and Japan) demand and global risk appetite.
External balances
- The current account surplus narrowed sharply to a still-high 18½ percent of GDP in 2012.
Analytical focus and subjects covered
- Key topics addressed include: Banking, Credit, Financial institutions, Housing, Income, Loans, Money, Mortgages, National accounts.
- Keywords and analytical signals highlighted: anchor inflation expectation, car price appreciation, Core CPI inflation, CPI-All Items inflation, CR, Credit, equity price, Global, headline inflation, Housing, Income, ISCR, Loans, monetary policy, Mortgages, nominal exchange rate appreciation, Singapore, Singapore dollar.
Content in this bundle
- Singapore: 2013 Article IV consultation--Staff Report; IMF Country Report 13/328; October 25, 2013