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of foreign debt acts as a disincentive to private investment in the specific case of the Philippines. The empirical …
Persistent link: https://www.econbiz.de/10014395790
This paper examines how military spending has been affected by Fund-supported programs. It looks at the changes in military expenditure as a share of gross domestic product (MIL/GDP) and of total expenditure (MIL/EX) for two subsamples of Fund-supported programs, broadly divided into fiscal...
Persistent link: https://www.econbiz.de/10014396082
Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...
Persistent link: https://www.econbiz.de/10014399916
Persistent link: https://www.econbiz.de/10004245519
This 2004 Article IV Consultation highlights that in recent years, Singapore’s economy has been hit hard by a series of … an economic expansion largely uninterrupted since the 1970s. The shocks have come at a time when Singapore is also facing …
Persistent link: https://www.econbiz.de/10014406018
This Statistical Appendix report on Singapore discusses the economic indicators for the period 1995–99. The report …; foreign direct investment inflows by industry; assets and liabilities of the Monetary Authority of Singapore; assets and … liabilities of commercial banks of Singapore; summary of balance of payments; export and import performance; services and income …
Persistent link: https://www.econbiz.de/10014402630
This Selected Issues paper assesses the stability of Singapore’s banking system in a regional context. It proposes a … Monetary Authority of Singapore’s exchange rate-centered framework is well suited to shape monetary decision making, given the …
Persistent link: https://www.econbiz.de/10014402949
This 2009 Article IV Consultation highlights that Singapore has been severely affected by the global downturn. The …. Executive Directors have observed that the floating exchange rate regime has served Singapore well, and that the exchange …
Persistent link: https://www.econbiz.de/10014403485
international financial markets have been propagated to Singapore mostly through the trade channel. Inflation has risen … steps by the Monetary Authority of Singapore to tighten the monetary policy stance further by adjusting the exchange rate …
Persistent link: https://www.econbiz.de/10014403564
Strong policies, resilient markets, and an improved external environment have helped Singapore tide over the recession …. Singapore has a strong track record of proactive and forward-looking economic policymaking. Fiscal policy has regained its …. Singapore’s exchange rate regime continues to serve the economy well, and the Monetary Authority of Singapore’s exchange …
Persistent link: https://www.econbiz.de/10014403711