European Parliament Library

Singapore :, 2007 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Singapore’s recent economic performance has been impressive, underpinned by prudent macroeconomic management. Economic activity remains strong despite a softening in external demand. On the demand side, domestic demand strengthened driven by private consumption and investment while net exports were broadly unchanged during the first half of 2007. It has been noted that the exchange-rate-based monetary policy framework has served Singapore’s small, open economy well. As inflation expectations are well anchored, they agreed that the present monetary policy stance of targeting a gradual nominal effective exchange rate appreciation remains appropriate
Table Of Contents
Cover; Contents; Executive Summary; I. Recent Developments and Outlook; II. Report on Discussions-Common Ground and Exchanges of Views; A. Medium-Term Policies-Meeting the Challenges of Globalization; B. Macroeconomic Policies; Boxes; 1. Singapore's Monetary Policy Operations; 2. What is Driving the Current Account in Singapore?; III. Staff Appraisal; Figures; 1. Real Sector Developments; 2. Financial and Asset Market Developments; 3. External Developments; 4. Financial Sector Developments; Tables; 1. Selected Economic and Financial Indicators, 2000-08; 2. Monetary Survey, 2000-07
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (34 p.)
Specific Material Designation
Form Of Item

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