Road to Recovery: Singapore's Journey Through the Global Crisis
Sanchita Basu Das
Singapore: ISEAS Publishing, 2010
ISBN: 9789814311052

Singapore has been one of the nations severely affected by the 2008-09 global financial and economic crisis. The city state came under pressure through the financial, trade, and confidence channels. To counter these shocks, Singapore policymakers undertook unprecedented monetary and fiscal policy measures. They subsequently charted a revival strategy that would help the country emerge stronger after the crisis. These all-encompassing policies together with the global economic recovery in 2009 helped the city state bounce back faster and stronger than many other regional economies. This book provides an insight into the events that occurred during the crisis ad Singapore's successful navigation to economic recovery.