Economic conditions in Singapore and Vietnam: a monetary policymaker's report

Janet Yellen

FRBSF Economic Letter, 2008, issue feb22

Abstract: Each year, the President of the San Francisco Fed joins the Federal Reserve Board Governor responsible for liaison with Asia on a \\"fact-finding\\" trip to the region. These trips advance the Bank's broad objectives of serving as a repository of expertise on economic, banking, and financial issues relating to the Pacific Basin and of building ties with policymakers and economic officials there. The knowledge gained and the contacts developed are valuable in understanding trends affecting the Twelfth District, in carrying out responsibilities in banking supervision, and in ensuring that policymakers have the understanding of global economic developments necessary to conduct policy and promote the stability of financial markets. This Economic Letter summarizes President Yellen's report to the Head Office Board of Directors on her trip to Singapore and Vietnam in November 2007. (For a discussion of findings from the trip regarding the banking and financial sectors, please see the February 2008 issue of the Bank's publication, Asia Focus, http://www.frbsf.org/publications/banking/asiafocus/2008/Asia_Focus_Feb_08.pdf

Keywords: Vietnam; Singapore (search for similar items in EconPapers)
Date: 2008
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