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2016 | OriginalPaper | Buchkapitel

5. Singapore

verfasst von : J. J. Woo

Erschienen in: Business and Politics in Asia's Key Financial Centres

Verlag: Springer Singapore

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Abstract

While Singapore is typically ranked behind Hong Kong in most IFC rankings, it is largely seen as a close competitor to the SAR and contender for top IFC in Asia. Its success has been driven by government interventions such as a favourable tax regime and robust legal–regulatory framework, as well as the active participation of industry and other non-state actors in financial policy-making. This chapter discusses Singapore’s development as an IFC by focusing on its determinants of comparative advantage, model of financial governance, regulatory regime, financial policy mix and financial policy subsystem.

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Titel: Singapore
verfasst von: J. J. Woo
Verlag: Springer Singapore
Buch: Business and Politics in Asia's Key Financial Centres
Print ISBN: 978-981-287-983-7

Electronic ISBN: 978-981-287-985-1

Copyright-Jahr: 2016
DOI: https://doi.org/10.1007/978-981-287-985-1_5