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Zealand, Singapore, and Sweden). The case studies describe the institutional framework, its evolution, the use of …
Persistent link: https://www.econbiz.de/10011374746
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Singapore is one of the world's most open economies, with the size of its trade reaching about 350 percent of its GDP …. With the rise of highly diversified cross-border production networks, Singapore has come to play an integral role in the …, using disaggregate industry/product level trade data, we revisit Singapore's export elasticities and find that growing …
Persistent link: https://www.econbiz.de/10011445351
with the United States, the United Kingdom and Singapore by examining the three commonly used macroeconomic relationships …
Persistent link: https://www.econbiz.de/10011716450
illustrates these techniques by applying them to Singapore. As an advanced economy with a complex financial system and rapid … adoption of fintech, Singapore serves as a good case study. We place our results in the context of recent cybersecurity …
Persistent link: https://www.econbiz.de/10012170162
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Since 1990, Singapore has sought to control motor vehicle ownership by means of an auction quota system, whereby …
Persistent link: https://www.econbiz.de/10014400948
The concept of purchasing power parity (PPP) is used to evaluate whether eight East Asian currencies were overvalued on the eve of the 1997 crises. The Johansen and Horvath-Watson cointegration test procedures are applied to bilateral and multilateral exchange rates, deflated using CPIs,...
Persistent link: https://www.econbiz.de/10014401020
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014404003
The Monetary Authority of Singapore, instead of relying on short-term interest rates or monetary aggregates as its … Singapore is controlling inflation. The estimated changes in the TWI track the actual change relatively well, and the estimated … parameters are as expected. Accordingly, they support the hypothesis that monetary policy in Singapore can be described by a …
Persistent link: https://www.econbiz.de/10014404129