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Singapore
			: A Case Study in Rapid Development

Singapore : A Case Study in Rapid Development »

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

DOI: http://dx.doi.org/10.5089/9781557754639.084

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Since attaining independence in 1965, Singapore has experienced exceptionally rapid growth, low inflation, and a healthy balance of payments. This paper reviews Singapore's economic development from a long-term per...

Regional Economic Outlook, September 2006, Asia and Pacific

Regional Economic Outlook, September 2006, Asia and Pacific »

Series: Regional Economic Outlook

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 October 2006

DOI: http://dx.doi.org/10.5089/9781589065956.086

ISBN: 9781589065956

Keywords: private consumption, inflation, equity markets, capital flows, remittances

The September 2006 report analyzes recent developments, examines the impact of the recent market correction, and assesses potential for capital inflows and equity markets, as well as examining private consumption a...

Rebalancing Growth in Asia
			: Economic Dimensions for China

Rebalancing Growth in Asia : Economic Dimensions for China »

Series: Books

Author(s): Vivek Arora , and Roberto Cardarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2011

DOI: http://dx.doi.org/10.5089/9781616350567.071

ISBN: 9781616350567

Keywords: employment, private consumption, corporate governance, share of employment, export growth

Asia's recent economic performance has been remarkable. However, the rapid growth that Asia has experienced cannot be taken for granted. This volume analyzes Asia's need to rebalance its growth model toward domesti...

Statistical Appendix

Statistical Appendix »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Table A1 Pioneer Manufacturing Firms by Industry...

I Introduction

I Introduction »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Since attaining independence in 1965, Singapore has experienced exceptionally rapid growth, low inflation, and a healthy balance of payments (Chart 1-1). Over the past 30 years, real GDP per capita has grown...

II Accounting for Growth in Singapore

II Accounting for Growth in Singapore »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Since achieving independence, Singapore has experienced rapid growth. In the period 1960-91, real GDP rose at an average annual rate of 8 1/4 percent, or by 6 1/4 percent a year in per capita terms. In fact,...

III Singapore’s Development Strategy

III Singapore’s Development Strategy »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

In large part, Singapore’s rapid growth can be attributed to policies that promoted macroeconomic stability (low inflation, positive real interest rates, sound fiscal management) and limited relative price d...

IV Fiscal and Monetary Policies

IV Fiscal and Monetary Policies »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Among the most important factors in explaining Singapore’s rapid development is the ongoing policy commitment to macroeconomic stability. The pursuit of cautious financial policies has underpinned investor c...

V Labor Market Policies

V Labor Market Policies »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Wages and labor market policies have been cornerstones of Singapore’s development strategy. Over the past three decades, four distinct periods can be identified. In the first (mid-1960s to the late 1970s), p...

VI Singapore’s Experience as an Open Economy

VI Singapore’s Experience as an Open Economy »

Source: Singapore : A Case Study in Rapid Development

Series: Occasional Papers

Author(s): Kenneth Bercuson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1995

ISBN: 9781557754639

Keywords: private consumption, wage, gnp, tfp, national saving

Singapore’s ongoing commitment to a liberal external regime has figured importantly in its development. A capital account almost completely free of restrictions has fostered investment flows. In addition, in...