Singapore : Selected Issues

1SGPEA2008003 Image
Price:  $18.00

Release Date: © August, 2008
ISBN : 978-1-45183-428-4
Stock #: 1SGPEA2008003
English
Stock Status: On back-order

Languages and formats available

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PaperbackYes
ePubYes
MobipocketYes

Description

This Selected Issues paper assesses the stability of Singapore’s banking system in a regional context. It proposes a novel methodology for gauging domestic financial stability. The paper assesses the impact of fiscal measures on macroeconomic activity, and analyzes the effects of monetary policy using structural vector autoregressions. Estimates show that the Monetary Authority of Singapore’s exchange rate-centered framework is well suited to shape monetary decision making, given the large impact that changes in the nominal exchange rate have on activity and prices.

Taxonomy

Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Inflation , Monetary policy




More publications in this series: IMF Staff Country Reports