Marking the third anniversary of its establishment in 2002, the School of Economics & Social Sciences has published a new book, The Economic Prospects of Singapore. Written to celebrate Singapore's 40 years of independence, the book examines the challenges facing Singapore and the strategies that Singapore must now embark upon in order for it to successfully transit from an economy heavily focused on trade and foreign investment to an innovation-driven economy. The book also describes the policies that have led to Singapore's economic success and discusses ways in which Singapore can continue to build upon these successes.
Launched on 2 August at SMU's Li Ka-shing Library, The Economic Prospects of Singapore is the maiden publication of the Economics faculty of the School of Economics & Social Sciences.
Edited by Professor Roberto S Mariano, Dean, and Associate Professor Winston TH Koh, Associate Dean, the book contributes to the scholarship and research on Singapore's economic development.
The book includes a chapter by eminent economist Edmund S Phelps, McVickar Professor of Political Economy at the Department of Economics, Columbia University.
"This book is SMU's gift to Singapore on its 40th birthday. I hope it will spark useful dialogue and constructive discussion on the country's economic prospects."
SMU President, Prof Howard Hunter
"As Singapore moves on to the next phase of economic growth, it is imperative that we groom a new generation of young talent who respond instinctively to entrepreneurial ideas and where innovation is second nature to them," said SMU President, Professor Howard Hunter. "SMU is proud to play this important role of nurturing new blood to be future corporate and business leaders for Singapore."
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All the ten writers in the book are accomplished scholars in economics with substantial experience in industry and the public sector. The CVs of the authors can be found at www.sess.smu.edu.sg.
Published by Pearson Addison-Wesley, the book is retailing in major Singapore bookstores.
CHAPTER HIGHLIGHTS
| Chapter 1: |
Singapore 's Economic Growth Experience
by Associate Professor Winston Koh |
| Chapter 2: |
The Economic Challenges Facing Singapore
by Practice Professor Augustine Tan |
| Chapter 3: |
Future Job Prospects in Singapore
by Associate Professor Hoon Hian Teck |
| Chapter 4: |
Industrial Policy and Economic Development: Comparing Singapore with Hong Kong , Korea and Taiwan
by Practice Associate Professor Leung Hing Man |
| Chapter 5: |
Trade, Foreign Direct Investment and Regional Competition
by Assistant Professor Chang Pao Li |
| Chapter 6: |
Towards Innovation-driven Economic Growth: R&D Capabilities and Entrepreneurship in Singapore
by Associate Professor Winston Koh |
| Chapter 7: |
Economic Growth and Strategic Investment in Infrastructure: Perspectives from Singapore
by Practice Associate Professor Tan Kim Song and Associate Professor Phang Sock Yong |
| Chapter 8: |
The Development of Singapore's Financial Sector:
A Review and Some Thoughts on its Future Prospects
by Practice Assistant Professor Tan Swee Liang |
| Chapter 9: |
Analyzing Singapore's Monetary Transmission Mechanism
by Practice Associate Professor Chow Hwee Kwan |
| Chapter 10: |
Economic Prosperity and the Dynamism of Economic Institutions
by Professor Edmund S Phelps, McVickar Professor of Political
Economy at the Department of Economics, Columbia University.
The key ideas contained in this chapter were first presented
by Dr Phelps at the Shaw Distinguished Lecture in January
2003 when he was Distinguished Visitor to SMU. |
The authors are all of the School of Economics & Social Sciences, Singapore Management University, except for Chapter 10, as noted. |
