IMF Staff Country Reports

Singapore: Selected Issues

Publication Date:

April 26, 2004

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2004/103

Subject:

Balance of payments Corporate bonds Corporate sector Current account Economic sectors Financial institutions Financial markets Production Securities markets Total factor productivity