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Singapore: Selected Issues

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  • International Monetary Fund

Abstract

The major objectives of the banking system reform are twofold: first, to continue to gradually open domestic banks to greater competition from foreign banks, and second, for Singapore banks to retain significant domestic market share in this more open environment as well as to become significant participants in the regional market. The authorities have clearly stated that they see the process of mergers and consolidation of the local banks as inevitable, but that they do not intend to force the process.

Suggested Citation

  • International Monetary Fund, 2001. "Singapore: Selected Issues," IMF Staff Country Reports 2001/177, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2001/177
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    Citations

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    Cited by:

    1. K.S. Jomo & Ilene Grabel & Gerald Epstein, 2003. "Capital Management Techniques In Developing Countries: An Assessment of Experiences From the 1990s and Lessons for the Future," Working Papers wp56, Political Economy Research Institute, University of Massachusetts at Amherst.
    2. Gerald EPSTEIN & Ilene GRABEL & JOMO K.S., 2004. "Capital Management Techniques In Developing Countries: An Assessment Of Experiences From The 1990s And Lessons From The Future," G-24 Discussion Papers 27, United Nations Conference on Trade and Development.
    3. Asher, Mukul G., 2002. "The Role of Global Economy in Financing Old Age: The Case of Singapore," Discussion Paper 79, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    4. Basant K. Kapur, 2007. "Capital Flows and Exchange Rate Volatility: Singapore's Experience," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences, pages 575-608, National Bureau of Economic Research, Inc.
    5. Alberto R. Musalem & Robert J. Palacio, 2004. "Public Pension Fund Management : Governance, Accountability, and Investment Policies," World Bank Publications - Books, The World Bank Group, number 14880, December.
    6. Asher, Mukul G., 2004. "Retirement Financing Dilemmas Facing Singapore," Discussion Paper 199, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    7. Peter Wilson, 2015. "Monetary Policy And Financial Sector Development," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(03), pages 1-25.

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