Singapore : 2016 article IV consultation; press release; staff report; and statement by the Executive Director for Singapore.

Saved in:

Bibliographic Details
Imprint:	Washington, D.C. : International Monetary Fund, [2016] ©2016
Description:	1 online resource (87 pages) : color illustrations.
Language:	English
Series:	IMF country report ; no. 16/263 IMF country report ; no. 16/263.
Subject:	International Monetary Fund -- Singapore. International Monetary Fund. Economic development -- Singapore. Industrial productivity -- Singapore. Inflation (Finance) -- Singapore. Economic development. Economic history. Industrial productivity. Inflation (Finance) Singapore -- Economic conditions. Singapore.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12507544

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund, publisher.
ISBN:	9781475521047 1475521049
Notes:	"July 2016." Includes bibliographical references. Description based on online resource; title from pdf title page (IMF.org website, viewed September 15, 2016).
Summary:	Singapore's economy continues to perform well, although growth has slowed reflecting a combination of structural and cyclical factors: population aging, restrictions on foreign worker inflows, and slow productivity growth, and a difficult external environment, including the trade growth deceleration and the negative impact on domestic manufacturing of lower oil prices. Disinflation in domestic goods and asset markets and deleveraging continue. Risks to the outlook are skewed to the downside, including from slow global and regional growth and spillovers from renewed global financial volatility. Domestic risks are rooted in still elevated household and corporate leverage and slower-than-expected gains in productivity during the transition to an innovation-based, labor-lean growth model.

Similar Items