This important new book is the first general overview of the
macroeconomic nature and recent history of the Singapore
economy.After discussing general features of modern Singapore's
economy, government and development strategy, the authors analyse
its macroeconomic history over the past three decades, as well as
reviewing current macroeconomic theory regarding small, open
economies. Singapore's monetary system, trade patterns, balance of
payments and the nature of its exchange rate mechanism and policy
are all described and analysed in the subsequent chapters which
also look at its growth and cyclical experiences and provide a
review of the ways economists have attempted to model the economy.
The Singapore Economy integrates much previous research scattered
in many sources as well as containing an extensive bibliography of
references about the economy and the statistical sources used. It
will be suitable for students of macroeconomics and economic
development in Asia, and the general reader interested in the
nature, structure and recent growth of the Singapore economy.
General
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