Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund.
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ISBN: | 9781475518689 1475518684 9781475521054
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ISSN: | 2227-8907
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Notes: | Online resource; title from PDF title page (ebrary, viewed January 19, 2014).
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Summary: | This 2013 Article IV Consultation highlights that since the robust recovery from the global financial crisis, Singapore's growth momentum has eased and become more erratic. Growth decelerated to 1 1/4 percent in 2012 before picking up sharply in the first half of 2013. This reflects shifts in G3 (U.S., Europe, and Japan) demand and global risk appetite. At the same time, the current account surplus narrowed sharply to a still-high 18 1/2 percent of GDP in 2012. The near-term outlook is for GDP to grow by 3 1/2 percent in 2013-2014, supported by stronger demand from major advanced economies, despite some softening in regional economies.
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Other form: | Print Version: 9781475518689
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Standard no.: | 10.5089/9781475518689.002
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