01643cas a2200241 a 4500 AALejournalIMF012113 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475504873 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Singapore : 2012 Article IV Consultation; Staff Report, Informational Annex, Public Information. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (53 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 large financial sector has remained resilient. The output has shown to rebound strongly despite a drop of 9 percent in GDP during 2008-early 2009. The new challenges include consumer price inflation, income inequality, and rising housing prices. The downside risks for the Singapore economy are large, but the country has large buffers and significant policy room to dampen the immediate and longer-term effects of a sharp global slowdown. The authorities have ample policy space and instruments to address the negative impact of economic shocks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/248 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/248/002.2012.issue-248-en.xml IMF e-Library