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"This book is a collection of speeches presented at Singapore Perspectives 2019 by current players in international relations and leading academics and opinion shapers on how the post-Cold War world order, with emphasis on the relations between the United States and China, will affect small states like Singapore and countries in Southeast Asia — at local, national, and regional levels. It features speeches by prominent personalities, such as Singapore Minister for Foreign Affairs Dr Vivian Balakrishnan, former Singapore Foreign Minister Mr George Yeo, and former Indonesian Foreign Minister Dr Marty Natalegawa. Each speaker presents a fresh perspective on important developments in the world today."--

Cover -- CONTNETS -- Abbreviations and Acronyms -- CONTEXT -- ECONOMIC DEVELOPMENTS, OUTLOOK, AND RISKS -- POLICY DISCUSSIONS -- A. Monetary Policy -- B. Fiscal Policy -- C. Financial Sector Issues -- D. Structural Policies -- STAFF APPRAISAL -- BOX -- 1. Rising Investment in Intangible Assets -- 2. Financial Conditions and Growth-at-Risk in Singapore -- 3. The Role of Industry Transformation Maps in Creating the Future Economy -- FIGURES -- 1. Real Sector Developments -- 2. Labor Market Developments -- 3. Monetary and Financial Sector Developments -- 4. Banking Sector Developments -- 5. Housing Market Developments -- 6. External Sector -- 7. Spillovers -- 8. Social and Equality Indicators -- 9. Demographic Transition -- TABLES -- 1. Selected Economic and Financial Indicators, 2013-19 -- 2. Balance of Payments, 2013-19 -- 3. Monetary Survey, 2013-19 -- 4. Indicators of Vulnerability, 2013-18Q1 -- 5. Medium-Term Scenario, 2013-23 -- 6. Summary of Government Operations and Stock Positions, 2012/13-2018/19 -- 7. Financial Soundness Indicators-Local Banking Sector, 2013-2017Q3 -- 8. International Investment Position, 2013-17 -- APPENDICES -- I. Recent Labor Market Developments -- II. External Sector Report -- III. Financial Conditions and Growth-at-Risk in Singapore -- IV. Risk Assessment Matrix -- V. Estimating a Monetary Policy Rule -- VI. Public Debt Sustainability Analysis -- VII. Housing Market Development and Policies -- VIII. Fintech Opportunities and Challenges -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES

KEY ISSUESOutlook and risks. Following an upturn in 2013, growth is expected to moderatesomewhat during 2014-2015, narrowing the positive output gap. The impact of recovering demand in advanced economies is likely to be offset by the ongoing real appreciation of the currency and the gradual tightening in global monetary conditions. Transitional costs related to the economic restructuring (see next paragraph) are also expected to dampen growth in the near term. As a very open economy, Singapore is particularly exposed to external risks related to a protracted period of slower growth in advanced

Singapore inherited a Westminster-style constitution from the British who ruled the island for 140 years. Since Singapore's independence in 1965, this constitution has been amended and augmented many times wherein unique institutions - such as the Elected Presidency and Group Representation Constitutions - were created. All these changes occurred against the backdrop of Singapore's special geographical local, multi-ethnic population and vulnerability to externalities. This book features a collection of short essays describing and explaining 50 Constitutional Moments - major inflexion points in the trajectory of Singapore's constitutional development. The authors have selected each of these 'moments' on the basis of their impact in the forging of the modern constitutional order. Starting in 1965, the book begins chronologically, from the 'moment' of Singapore's expulsion from the Federation of Malaysia through the establishment of the Wee Chong Jin Constitutional Commission (1966) to the entrenchment of the sovereignty clause in the Constitution (1972) right through to the 2000s, with the Presidential Elections of 2011. In these easy-to-read essays, the reader is introduced to what the authors consider to be the most important episodes that have shaped the Singapore Constitution. These articles cover key events like President Ong Teng Cheong's 1999 Press Conference and the 2001 Tudung controversy; constitutional amendments like the Maintenance of Religious Harmony Act (1990) and the introduction of Nominated Members of Parliament (1990); and seminal cases like Chng Suan Tze v Minister for Home Affairs (1989) and Yong Vui Kong v PP (2010 & 2015)) that have contributed to the sculpting of Singapore's constitutional landscape