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Singapore in its worst recession for years: the effects of the current economic crisis on the city-state's economy
[Zeitschriftenartikel]
Abstract Due to the current economic downturn, Singapore has experienced one of its most severe recessions since independence. The financial crisis, which caused a fall in prices at most of the world's leading stock exchanges and a sharp decline in industrial production, has also had a negative impact on the... mehr
Due to the current economic downturn, Singapore has experienced one of its most severe recessions since independence. The financial crisis, which caused a fall in prices at most of the world's leading stock exchanges and a sharp decline in industrial production, has also had a negative impact on the city-state's export-dependent economy. The analysis outlines the economic downturn and the decline of Singapore's export economy since the beginning of the crisis in late 2008. Central to the analysis are questions regarding the social consequences of the current economic crisis and the amount of losses Singapore’s state-owned holding companies, Temasek and GIC, experienced when some of the world’s biggest investment banks, such as Merrill Lynch, went into bankruptcy.... weniger
Thesaurusschlagwörter
soziale Folgen; soziales Problem; Singapur; Wanderarbeitnehmer; Wirtschaftskrise; Finanzkrise; Exportwirtschaft; wirtschaftliche Folgen; Rezession
Klassifikation
Volkswirtschaftslehre
Freie Schlagwörter
Economics; political science; Singapore; crisis; domestic economy; migrant workers; recession; current
Publikationsjahr
2009
Seitenangabe
S. 95-110
Zeitschriftentitel
Journal of Current Southeast Asian Affairs, 28 (2009) 4
ISSN
1868-4882
Status
Veröffentlichungsversion; begutachtet (peer reviewed)
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung