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A Multifactorial Approach

In: Singapore as an International Financial Centre

Author

Listed:
  • J. J. Woo

    (Nanyang Technological University)

Abstract

This book has highlighted the importance of four factors—history, space, policy, and politics—in driving or shaping Singapore’s emergence, subsequent development, and current success as an IFC. However, Singapore’s success as an IFC is more than simply a sum of these four parts. Rather, it has involved a pragmatic combination of the four factors through deliberate policy action. This chapter discusses Singapore’s integrated and multifactorial approach to IFC development as well as the various capacities that are required among financial policymakers for successful financial policymaking.

Suggested Citation

  • J. J. Woo, 2016. "A Multifactorial Approach," Palgrave Macmillan Studies in Banking and Financial Institutions, in: Singapore as an International Financial Centre, chapter 0, pages 93-108, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-1-137-56911-0_7
    DOI: 10.1057/978-1-137-56911-0_7
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