01589cas a2200241 a 4500 AALejournalIMF005316 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451834284 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Singapore : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (37 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 This Selected Issues paper assesses the stability of Singapore's banking system in a regional context. It proposes a novel methodology for gauging domestic financial stability. The paper assesses the impact of fiscal measures on macroeconomic activity, and analyzes the effects of monetary policy using structural vector autoregressions. Estimates show that the Monetary Authority of Singapore's exchange rate-centered framework is well suited to shape monetary decision making, given the large impact that changes in the nominal exchange rate have on activity and prices. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/281 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/281/002.2008.issue-281-en.xml IMF e-Library