A Multifactorial Approach

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

Chapter Chapter 7 in Singapore as an International Financial Centre, 2016, pp 93-108 from Palgrave Macmillan

Abstract: Abstract This book has highlighted the importance of four factors—history, space, policy, and politics—in driving or shaping Singapore’s emergence, subsequent development, and current success as an IFC. However, Singapore’s success as an IFC is more than simply a sum of these four parts. Rather, it has involved a pragmatic combination of the four factors through deliberate policy action. This chapter discusses Singapore’s integrated and multifactorial approach to IFC development as well as the various capacities that are required among financial policymakers for successful financial policymaking.

Keywords: Operational Capacity; State Capacity; Analytical Capacity; Financial Policy; Multifactorial Approach (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_7

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DOI: 10.1057/978-1-137-56911-0_7

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