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Singapore: Selected Issues

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  • International Monetary Fund

Abstract

The paper first uses the production function to analyze the sources of past growth in Singapore and compares it with the experience of other Asian and industrialized economies. This study also provides some thoughts on how to boost medium-term growth prospects in Singapore, and assesses the growth slowdown of the past few years in Singapore reflecting cyclical versus structural factors. The assessment given in this paper suggests that there are returns to be had from investment in education and structural reforms.

Suggested Citation

  • International Monetary Fund, 2004. "Singapore: Selected Issues," IMF Staff Country Reports 2004/103, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/103
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    References listed on IDEAS

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    1. Robin Brooks, 2003. "Population Aging and Global Capital Flows in a Parallel Universe," IMF Staff Papers, Palgrave Macmillan, vol. 50(2), pages 1-3.
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    Cited by:

    1. John Fernald & Brent Neiman, 2011. "Growth Accounting with Misallocation: Or, Doing Less with More in Singapore," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(2), pages 29-74, April.
    2. International Monetary Fund, 2014. "Malaysia: Financial Sector Assessment Program Banking System Spillovers-Technical Note," IMF Staff Country Reports 2014/095, International Monetary Fund.
    3. John Fernald & Brent Neiman, 2011. "Growth Accounting with Misallocation: Or, Doing Less with More in Singapore," American Economic Journal: Macroeconomics, American Economic Association, vol. 3(2), pages 29-74, April.

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