Singapore and Asia: Impact of the Global Financial Tsunami and Other Economic Issues

Hardcover (Print)
Buy New
Buy New from
Used and New from Other Sellers
Used and New from Other Sellers
from $77.43
Usually ships in 1-2 business days
(Save 20%)
Other sellers (Hardcover)
  • All (8) from $77.43   
  • New (6) from $77.43   
  • Used (2) from $77.84   


This book is an annual effort by the economists at the Nanyang Technological University to provide analysis, interpretations and insights of contemporary economic issues affecting Singapore and Asia. It covers two key themes: (1) Global Financial Tsunami and (2) other economic issues affecting Singapore and Asia.

The Global Financial Tsunami is currently ravaging the world financial systems and the world economy. The authors brilliantly tackle pertinent issues such as fiscal and monetary management of the current crisis, impacts of the crisis on the Singapore and Asian economies, policy measures implemented by Singapore and other countries to combat the crisis, and regional efforts to mitigate the adverse impacts of the crisis.

A wide range of important economic issues affecting Singapore and Asia, including inflation, exchange rate, workfare, environmental economics, population and worth of human life in Singapore are addressed competently. The chapters build on economic and analytical frameworks to help readers better understand the economic and policy issues discussed.

Read More Show Less

Product Details

  • ISBN-13: 9789814280457
  • Publisher: World Scientific Publishing Company, Incorporated
  • Publication date: 10/15/2009
  • Pages: 224
  • Product dimensions: 6.10 (w) x 9.00 (h) x 0.80 (d)

Table of Contents

Foreword vii

Contributors ix

Part I Economic Analysis of the Global Financial Tsunami 1

1 The Deepening Global Recession and the Great Depression Fear Lim Chong Yah 3

2 The Surprising Resurgence of Fiscal Policy Steven Mark Sheffrin 15

3 The Global Financial Tsunami: Implications for East Asian Economies Tan Kong Yam 37

4 Global Financial Tsunami: Can the Industrial Relations Mechanism Save Singapore This Time Around? Rosalind Chew 67

5 The On-going Global Financial Crisis and Asian Regionalism Pradumna B. Rana 81

6 Global Economic Crisis and Energy Security: Integrated Energy Market Youngho Chang 97

Part II Economic and Policy Issues 121

7 Singapore Growth Model: Its Strengths and Its Weaknesses Lim Chong Yah 123

8 The Role of Competition in Singapore: A Complexity Point of View Lam Chuan Leong 133

9 Inflation, Exchange Rate and the Singapore Economy: A Policy Simulation Choy Keen Meng Tilak Abeysinghe 145

10 Workfare, Not Welfare: An Exploration of International Experiences and Policy Implications for Singapore Kampon Adireksombat 159

11 What is Human Life Worth? Euston Quah Chia Wai-Mun Sng Hui Ying 173

12 Is the Environment a Game? Game Theoretical Analysis of the Kyoto Protocol Ernie G. S. Teo 185

Index 201

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)