This book is an annual effort by the economists from the Nanyang
Technological University to provide analysis, interpretations and
insights on contemporary economic issues affecting Singapore. In
2010, Singapore's economy is just recovering from the sharp
economic downturn in 2008/09 caused by the Global Financial Crisis.
The global economic outlook in the short and medium term remains
uncertain and the risk of another economic or financial crisis
remains high. Thus, one of the key themes of this book is to study
economic crises and financial crises, and the policy measures that
are available to manage them. Looking ahead, in order to ensure
long term growth and prosperity for Singapore's economy,
microeconomic policy adjustments and fine-tuning is still needed to
build a competitive and resilient nation. Therefore, the second key
theme of the book is to review several public policies in
Singapore, such as competition, healthcare, training, free trade
agreements, state capitalism and inequality.
General
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