Singapore : Financial System Stability Assessment
Electronic Access:
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Summary:
Singapore is a small and very open economy and a major financial center. The financial system is highly integrated into international financial markets and serves as an important regional financial hub. After a period of subdued economic activity, growth accelerated in 2017–18, but is expected to moderate in 2019. To strengthen long-term growth prospects, amid population aging, the government is pursuing a strategy to transform the economy by harnessing emerging digital technologies. In the financial services area, this strategy has put Singapore at the forefront in fintech.
Series:
Country Report No. 19/224
Subject:
Bank liquidity Central Banks External sector Financial crises Financial institutions Financial markets Financial soundness indicators Macroprudential policies and financial stability
English
Publication Date:
July 15, 2019
ISBN/ISSN:
9781498325806/1934-7685
Stock No:
1SGPEA2019001
Format:
Paper
Pages:
65
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