1.

Record Nr.

UNINA9910464552003321

Titolo

Crisis management and public policy [[electronic resource] ] : Singapore's approach to economic resilience / / Sng Hui Ying & Wai Mun Chia editors

Pubbl/distr/stampa

Singapore ; ; Hackensack, N.J., : World Scientific Pub. Co., c2011

ISBN

1-283-43371-0

9786613433718

981-4340-90-1

Descrizione fisica

1 online resource (219 p.)

Altri autori (Persone)

SngHui Ying

ChiaWai Mun

Disciplina

339.5095957

Soggetti

Crisis management - Singapore

Financial crises - Singapore

Electronic books.

Singapore Economic policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

CONTENTS; FOREWORD; CONTRIBUTORS; PART 1 ECONOMIC CRISIS MANAGEMENT; Chapter 1 THE NATIONAL WAGES COUNCIL (NWC) AND MACROECONOMIC MANAGEMENT IN SINGAPORE; FIVE CRISES; NATIONAL WAGES COUNCIL; TRIPARTISM AND FLEXIBLE WAGE SYSTEM; INDUSTRIAL HARMONY; TRAINING AND RETRAINING; THE FIRST CRISIS; NWC RESPONSE; THE THIRD CRISIS; REFERENCES; APPENDIX; Chapter 2 UNPREPAREDNESS IN THE GREAT RECESSION; FISCAL FINANCE; DIFFERENT METHODS OF FINANCING DEFICITS; THE US METHOD OF DEFICIT FINANCING; FISCAL SPENDING; JAPAN AND USA COMPARISON; THE LEADING INDICATOR; THE FURTHER ROAD AHEAD; REFERENCES

APPENDICES Appendix 1: Global Stock Market Indices % Change from 31 December 2008 (in US terms, 1 July 2009); Appendix 2: Global Budget Balances % of GDP 2009; Appendix 3: Global Interest Rates (three-month latest); Chapter 3 WHY ARE FINANCIAL CRISES SO COSTLY?; INTRODUCTION; BANKS AS FINANCIAL INTERMEDIARIES; BANK FAILURE AND BANK RUNS; BANKING CRISIS; IMPACT OF BANKING CRISIS



ON ECONOMIC ACTIVITY; CURRENCY OR EXCHANGE-RATE CRISIS; CONCLUDING REMARKS; REFERENCES; Chapter 4 A CASE FOR SELECTIVE CAPITAL CONTROL; BALANCE OF PAYMENTS; Balance of Visible Trade; Balance of Invisible Trade

Current Account Balance CAPITAL CONTROL ITEMS; CAPITAL CONTROL PREPAREDNESS; TWO MONEY VALUES; INTERNATIONAL GOLD STANDARD; GOLD EXCHANGE STANDARD; THE THREE CRISES; CAPITAL CONTROL AND GDP GROWTH; CHINA, INDIA, AND VIETNAM; USA AND CAPITAL CONTROL; FINANCIAL CENTRES; RESERVES AND SWAPS; FINAL JUDGEMENT; REFERENCES; PART 2 PUBLIC POLICIES AND OTHER ECONOMIC ISSUES; Chapter 5 COMPETITION POLICY AND LAW IN SINGAPORE; INTRODUCTION; COMPETITION LAW IN SINGAPORE; Scope of the Act; MAIN FEATURES OF SINGAPORE'S COMPETITION ACT; Anti-Competitive Agreements; Abuse of a Dominant Position

REGULATORY PHILOSOPHY Focus on Anti-Competitive Behaviour with Appreciable Adverse Effect; Due Consideration Given to Whether Anti-Competitive Activity Generates NEB; Emphasis on Self-Assessment; Balancing Advocacy with Strict Enforcement; Independent Appeal Mechanism; Cross-Sectoral Cooperation; CONCLUSION; Chapter 6 HEALTHCARE: CONTAINING COST WITHOUT COMPROMISING QUALITY; INTRODUCTION; GOVERNMENT INTERVENTION IN THEORY AND PRACTICE; HEALTHCARE DELIVERY IN SINGAPORE; Restructuring of Government Hospitals; Polyclinics; Community Hospitals; Role of CPF and Healthcare Insurance

Role of Employers via Employee Medical Benefits Government Medical Subsidies for the Poor; How Doctors and Hospitals are Assessed and Remunerated; E-Health Record System; Healthy Lifestyle; Economic Healthcare Strategy; CONCLUSION; REFERENCES; APPENDIX 1; Chapter 7 ECONOMICS OF TRAINING: MARKET FAILURE AND GOVERNMENT INTERVENTION; MARKET FAILURE; SOLVING THE PROBLEM OF MARKET FAILURE; THE SDF; TRAINING OF OLDER WORKERS IN THE INFORMAL SECTOR; TRAINING OF YOUTH WORKERS; INSTITUTE OF TECHNICAL EDUCATION, ITE; CONCLUSION; REFERENCES; Chapter 8 A REVIEW OF THE US-SINGAPORE FREE TRADE AGREEMENT

INTRODUCTION

Sommario/riassunto

"One of the key themes of this book is to study economic crises and financial crises, and the policy measures that are available to manage them. The second key theme of the book is to review several public policies in Singapore, such as competition, healthcare, training, free trade agreements, state capitalism and inequality."--Publisher's description.