Singapore And Asia In A Globalized World: Contemporary Economic Issues And Policies

Since 2006, the Division of Economics of Nanyang Technological University (NTU) and the Ministry of Education (MOE) in Singapore have been jointly organizing economic seminars every year for more than 1,000 junior colleges students and teachers. The focus is on local and regional contemporary economic issues and public policies that are relevant to the everyday lives of all Singaporeans. The NTU-MOE Seminars 2008 brought together several distinguished speakers to discuss a wide range of integral economic issues such as Central Provident Fund, healthcare, globalization, and the sub-prime crisis.Based on the papers presented at the seminars, this book contains 15 chapters that are grouped under three sections. Under "Public Policies and Economic Issues of Singapore", Singapore's public policies in the areas of healthcare, Central Provident Fund, and monetary policy are explored, as well as issues concerning Singapore's economic development, such as economic transformation, innovation and capital accumulation. The second section, "Singapore and the Region in a Globalized World", looks at the challenges and opportunities presented to Singapore and the region in an increasingly globalized world. Current issues on the sub-prime crisis and Asian monetary integration are also discussed. The last section consists of papers in specific areas such as economics of healthcare, economics of love, and foreign direct investment.