globalization period (1986-2003). The results indicate that the common (G-7) factor explains a larger fraction of output …, consumption, and investment volatility in the globalization period than in the BW period. These findings suggest that the degree … globalization period. …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …

Singapore. Singapore has a well-developed payment, clearing, and settlement infrastructure, which includes two central … securities and derivatives clearing and settlement systems operated by the Singapore Exchange Limited. The FMIs in Singapore are … subject to effective regulation, supervision, and oversight of the Monetary Authority Singapore (MAS). The legal framework …

This paper discusses findings of the Detailed Assessment of Observance on Insurance Core Principles on Singapore. The … insurance industry in Singapore is growing, in particular the offshore nonlife sector. Gross premium of the sector has grown … significantly by more than 80 percent in the last five years. The Monetary Authority of Singapore has made significant progress in …

Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation on Singapore. Overall compliance with IOSCO …

This paper discusses findings of the Report on Observance of Standards and Codes on Singapore. The Monetary Authority … of Singapore (MAS) shows a very high level of compliance with the Basel Core Principles and demonstrates a strong … system that is significantly larger than the economy of Singapore, and comprised primarily of branches of foreign …

Banking Supervision on Singapore. The assessment of the Monetary Authority of Singapore (MAS) represents a very high level of … implementation. MAS is well aware of the risks posed by a financial system that is significantly larger than the economy of Singapore …

economy, Singapore is particularly exposed to external risks related to a protracted period of slower growth in advanced and … strengthened in the context of a rapidly aging population. Policy assessment. Singapore continues to implement a strong set of … large current account surplus. Financial regulation and supervision is among the best globally and Singapore is a …