Singapore: Trade, Investment and Economic Performance

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More About This Textbook


Singapore's rapid evolution from a modest trading post under colonial rule into a prosperous, self-confident nation is one of the notable success stories of the second half of the 20th century. International trade and investment linkages have been the cornerstones of the the city-state's economic success (more than 7 per cent average GDP growth per annum during the period 1970-2005).

This book offers an overview of the Singapore economy with emphasis on its global trade and investment linkages and policies. It analyzes patterns and policies of Singapore's trade and foreign direct investment (FDI) and discusses issues related to its services sector, focusing on its multilateral and bilateral commitments.

The book will be a good reference source for business executives, journalists, and diplomats, as well as students and academics specializing in Asian studies and economic development.

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Product Details

  • ISBN-13: 9789814273138
  • Publisher: World Scientific Publishing Company, Incorporated
  • Publication date: 3/20/2009
  • Pages: 112
  • Product dimensions: 6.10 (w) x 9.00 (h) x 0.50 (d)

Table of Contents

1 Introduction: Economic Structure and External Orientation 1

1.1 Sectoral Growth 3

1.2 Employment and Income Distribution 4

1.3 Unit Labor and Business Costs 6

1.4 Development Strategies 7

1.5 Free Trade Agreements (FTAs) 9

1.6 Structure of the Book 11

2 Foreign Direct Investment (FDI): Policies, Trends and Patterns 13

2.1 FDI Regime 13

2.2 Trends and Patterns of FDI to and from Singapore 17

3 Singapore's Trade Performance and Patterns with Emphasis on East and South Asia 24

3.1 Commodity Composition 24

3.2 Country Composition of Merchandise Trade 25

4 Trade and Investment Related Infrastructure and Policies 45

4.1 Import Protection and Export Promotion 45

4.2 Other Trade Enhancing Infrastructures 48

4.2.1 Customs Clearance 48

4.2.2 Infrastructure to Facilitate Labor Mobility 52

4.2.3 Infrastructure to Facilitate FDI 53

4.2.4 Other Government E-Services 54

5 Services Trade Policies and Issues 55

6 Growing Economic Relations with India: A Case-study in Deepening Integration between South Asia and East Asia 67

6.1 De facto Integration 67

6.2 De jure Integration: The Comprehensive Economic Co-operation Agreement 69

7 Policy Implications 77

Annex 1 85

Annex 2 93

Annex 3 95

References 101

Index 105

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