1. Getting Singapore in Shape: Economic Challenges and How to Meet Them
- Author:
- Manu Bhaskaran
- Publication Date:
- 06-2018
- Content Type:
- Commentary and Analysis
- Institution:
- Lowy Institute for International Policy
- Abstract:
- Without bold adjustments, Singapore’s extraordinary economic performance may prove difficult to sustain. The Singapore economy retains many strengths but is facing growing challenges, including to its key regional hub status. Singapore’s ability to adjust effectively to these challenges may have weakened compared to the past. The major reason for this diminished capacity is that the policy responses required to support a successful adjustment may not be evolving quickly enough. Moreover, the capacity for companies to make more spontaneous bottom-up adjustments seems to be lacking.
- Topic:
- Government, Economy, Business, Economic growth, Economic Policy, and Capacity
- Political Geography:
- Singapore, Southeast Asia, and Asia-Pacific