Singapore: Selected Issues

International Monetary Fund

No 2005/140, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper analyzes quality upgrading and low-wage competition for Singapore. The analysis concludes that quality upgrading is indeed taking place in some products where low-wage competitors are entering. More generally, Singapore’s exports are of a higher quality than its regional competitors, and the quality gap has widened over time. This paper also assesses the factors behind the mixed results of Singapore banks’ outward expansion by examining the region’s industry structure and competitive conditions.

Keywords: ISCR; CR; bank; export growth; Singapore dummy; product indicator; parent bank; Singapore's export; Exports; Foreign banks; Export performance; Commercial banks; Asia and Pacific (search for similar items in EconPapers)
Pages: 27
Date: 2005-04-28
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Citations: View citations in EconPapers (2)

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