RSS Feed

Calendar

Search

Tag Cloud

Archives

Euromoney (October Issue)

2013/ 10/ 14 by jd in Global News

“As investors lament the unsustainable credit boom and reform inertia that has blighted China, India and Indonesia, in particular, in recent years—raising the spectre this summer of a repeat of the 1997 Asia crisis—Singapore has consolidated its status as the region’s competitive dynamo, thanks to a flurry of supply-side reforms, backed by judicious fiscal and monetary policies.” Singapore’s economy is now “the most competitive in the world, according to the World Bank, with the highest income per capita in southeast Asia, outpacing the US in recent years.”“As investors lament the unsustainable credit boom and reform inertia that has blighted China, India and Indonesia, in particular, in recent years—raising the spectre this summer of a repeat of the 1997 Asia crisis—Singapore has consolidated its status as the region’s competitive dynamo, thanks to a flurry of supply-side reforms, backed by judicious fiscal and monetary policies.” Singapore’s economy is now “the most competitive in the world, according to the World Bank, with the highest income per capita in southeast Asia, outpacing the US in recent years.”

 

[archive]