Singapore and Asia: Impact of the Global Financial Tsunami and Other Economic Issues

Abstract

This book is an annual effort by the economists at the Nanyang Technological University to provide analysis, interpretations and insights of contemporary economic issues affecting Singapore and Asia. It covers two key themes: (1) Global Financial Tsunami and (2) other economic issues affecting Singapore and Asia.

The Global Financial Tsunami is currently ravaging the world financial systems and the world economy. The authors brilliantly tackle pertinent issues such as fiscal and monetary management of the current crisis, impacts of the crisis on the Singapore and Asian economies, policy measures implemented by Singapore and other countries to combat the crisis, and regional efforts to mitigate the adverse impacts of the crisis.

Provides economic perspectives of the current Global Financial crisis and the various counter-measures Evaluates crisis management measures and tools adopted by various governments Discusses contemporary economic issues affecting Singapore economy

Keywords: Singapore Economy, Asian Economies, Global Financial Tsunami, Fiscal Policy, Monetary Policy, Inflation, Workfare, Environment Economics