Series: IMF Working Papers
Author(s): Ling Tan , and Carlos Ramírez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2003
Keywords: investment spending, capital markets, capital stock, subsidiaries, private sector counterparts
Government-linked companies (GLCs) have a significant presence in Singapore's corporate sector. Unlike parastatals in many other countries, these companies are run on a competitive, commercial basis, ostensibly wit...