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Published Date: 01 February 2001

MAS-ESS Essay Competition 2001


01 February 2001. The Monetary Authority of Singapore (MAS) and the Economic Society of Singapore (ESS) are organising, for the first time, an MAS-ESS Essay Competition 2001. The theme of the competition this year is on East Asia in the New Economy: Opportunities and Challenges. The competition is open to all working and residing in Singapore, and Singapore citizens studying and residing overseas.

In announcing the launch of the competition, Dr Khor Hoe Ee, Senior Executive Director of the MAS' Economics Department, said that the competition seeks to raise the overall level of awareness and interest of the public in global economic and financial issues.

"We are looking for original contributions that provide insights into the impact of the new economy on the social, political, or economic fabric of society in the new millennium, and its policy implications," Dr Khor said. As such, this is not an academic-style competition and is open to everyone and not just those in the economics field, he added.

In encouraging as wide a participation as possible, Professor Augustine Tan, President of the ESS, said, "We hope that the competition will encourage anyone who has something interesting to say about the region's economic future to sit down and put their thoughts into writing." Submissions that identify and highlight the policy implications of their analysis would be of particular interest, he added.

Attractive prizes will be awarded to the three best essays in the two categories, as shown below:


Open category Students category
First Prize $8,000 $3,000
Second Prize $4,000 $1,000
Third Prize $2,000 $500

The 'Students category' is open to students in Polytechnics and Junior Colleges. The 'Open category' applies to all other entries, including university students, industry practitioners, government, and academia. Anyone working or living in Singapore, as well as Singapore citizens studying and living overseas are eligible to participate in the competition.

Winning essays will be published by both the MAS and ESS.

The contest will run for five months beginning 01 February 2001. Participants interested in the MAS-ESS Economic Essay Competition can visit the MAS website or the ESS website for further details. Entry forms can be downloaded from the websites or picked-up from the security counter of the MAS building. The closing date for the submission of entries is 30 June 2001.

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