Описание:
Singapores fiscal strategies have helped sustain the countrys growth as a small and open economy. This book is a pioneering effort in terms of providing a non-technical, holistic view of Singapores strategies. The author, formerly Director of Fiscal Policy in Singapores Ministry of Finance and the Principal Private Secretary to the President of Singapore, provides an insiders birds eye view of how Singapores fiscal strategies support monetary and economic policies, and address the needs of Singaporeans.
The book is structured to explain how the various aspects of Singapores fiscal policies inter-relate and work together as a functioning system, enabling the small city-state to prosper and progress since its independence in 1965. Besides providing a documentation of the development of Singapores fiscal strategies over the years, the current and impending national challenges to be addressed by fiscal strategies are also discussed. The author also addresses the importance of culture to a nations success, and highlights the impact of fiscal policy in this regard.