Policy Drivers

J. J. Woo
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J. J. Woo: Nanyang Technological University

Chapter Chapter 5 in Singapore as an International Financial Centre, 2016, pp 55-74 from Palgrave Macmillan

Abstract: Abstract From traditional regulatory policies to fiscal incentives and direct promotion, the policy drivers of Singapore’s success as an IFC extend beyond those exercised by central banks and regulatory agencies in many other cities and IFCs. This chapter provides an overview of the policy drivers that have shaped and driven Singapore’s success as an IFC. It assesses the role of the Monetary Authority of Singapore (MAS) as Singapore’s chief financial policymaker and specifically focuses on two types of policies that it has employed in regulating and promoting Singapore’s financial services sector: stabilizing and developmental policies.

Keywords: Monetary Authority; Foreign Bank; Financial Policy; Developmental Policy; Financial Governance (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-56911-0_5

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DOI: 10.1057/978-1-137-56911-0_5

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