MAS Seminar for Pre-University Economics Teachers/Students

This is an annual seminar for pre-university economics teachers, aimed at providing some insight into the theoretical and practical considerations of economic policies in Singapore and other economic issues of interest. Through this seminar series, we hope that the teaching of economics in schools can be made more interesting and relevant to the Singapore economy. The inaugural seminar was held on 22 Sep 99 at the MAS. DPM Lee Hsien Loong, Chairman of the MAS, delivered the opening remarks. The four presentations made at the seminar are now available for online viewing or download:

(Online presentations are best viewed with Microsoft Internet Explorer version 4 or higher)

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Presentation #1: Central Banking in Singapore: The Role of MAS

This presentation provided an overview of the main functions and objectives of central banks in general and the MAS in particular, including the MAS' role in promoting the financial sector. It also highlighted some key challenges facing central banks today.

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Presentation #2: Macroeconomic Policies for Sustained Economic Growth

This presentation focused on explaining the rationale, policy framework, transmission mechanism and implementation of monetary policy in Singapore. It also touched on fiscal policy and how it complemented monetary policy in providing a conducive macroeconomic environment for sustained growth in Singapore.

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Presentation #3: The Asian Financial Crisis ? Causes, Consequences & Resolution

This presentation provided an overview of the main causes of the Asian financial crisis. It also reviewed the policy responses in the crisis-hit economies, as well as the progress of structural reforms and sustainability of the recovery.

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Presentation #4: Impact of the Asian Crisis on Singapore and Policy Responses

This presentation touched on the impact of the Asian financial crisis on the Singapore economy and the government's policy responses to cushion its impact and facilitate the economy's recovery. It also reviewed the longer-term strategy adopted by the government to enhance Singapore's competitiveness.

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