01666cas a2200241 a 4500 AALejournalIMF011696 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463935795 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Singapore : Staff Report for the 2011 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (48 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 economy is slowing against the backdrop of a deteriorating external environment and a softening of exports. The main near-term risks are a protracted slowdown in advanced economies and a sharp increase in global financial stress. Given Singapore's openness, these shocks would hit the economy severely through weaker exports, reduced capital inflows, slower credit, and a fall in financial market activity. The authorities have sufficient policy space to deploy a decisive response in case these risks materialize. A rapid increase in foreign currency lending may also raise the risk of funding strains. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/042 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/042/002.2012.issue-042-en.xml IMF e-Library