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2016 | OriginalPaper | Chapter

7. A Multifactorial Approach

Author : J. J. Woo

Published in: Singapore as an International Financial Centre

Publisher: Palgrave Macmillan UK

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Abstract

This book has highlighted the importance of four factors—history, space, policy, and politics—in driving or shaping Singapore’s emergence, subsequent development, and current success as an IFC. However, Singapore’s success as an IFC is more than simply a sum of these four parts. Rather, it has involved a pragmatic combination of the four factors through deliberate policy action. This chapter discusses Singapore’s integrated and multifactorial approach to IFC development as well as the various capacities that are required among financial policymakers for successful financial policymaking.

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Title: A Multifactorial Approach
Author: J. J. Woo
Publisher: Palgrave Macmillan UK
Book: Singapore as an International Financial Centre
Print ISBN: 978-1-137-56910-3

Electronic ISBN: 978-1-137-56911-0

Copyright Year: 2016
DOI: https://doi.org/10.1057/978-1-137-56911-0_7