01783cas a2200241 a 4500 AALejournalIMF004971 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451834260 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Singapore : 2007 Article IV Consultation; Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (33 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Singapore's recent economic performance has been impressive, underpinned by prudent macroeconomic management. Economic activity remains strong despite a softening in external demand. On the demand side, domestic demand strengthened driven by private consumption and investment while net exports were broadly unchanged during the first half of 2007. It has been noted that the exchange-rate-based monetary policy framework has served Singapore's small, open economy well. As inflation expectations are well anchored, they agreed that the present monetary policy stance of targeting a gradual nominal effective exchange rate appreciation remains appropriate. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/100 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/100/002.2008.issue-100-en.xml IMF e-Library