The successful programme in economics and finance, introduced a decade ago, will now include LKYSPP

Singapore, 3 May 2019…The Monetary Authority of Singapore (MAS) has announced that it will be extending its financial sponsorship of the MAS Term Professorship in Economics and Finance at the National University of Singapore (NUS) for another five years. With this renewal, scholars appointed under the programme may be hosted at the Lee Kuan Yew School of Public Policy (LKYSPP), in addition to the Department of Economics at the NUS Faculty of Arts and Social Sciences, and the NUS Business School. The LKYSPP’s focus on, and expertise in, policy-related issues will complement the objectives of the MAS Term Professorship programme.

First established in 2009, the programme has been successful in facilitating the exchange of knowledge and research between the top international scholars in these fields and academicians based in Singapore. Furthermore, the programme has achieved significant recognition and stature that has attracted a regular flow of distinguished researchers. It has enhanced Singapore’s profile as a centre of excellence for financial and economic research in Asia.

Edward Robinson, Deputy Managing Director (Economic Policy) and Chief Economist, MAS, said “Since its inception ten years ago, the MAS Term Professorship programme has hosted many world-class researchers in Singapore. It has facilitated knowledge spillovers from the frontiers of economics and finance, and provided the opportunity for these scholars to learn about and provide their assessments on Singapore’s approach towards maintaining macro-stability. We are pleased that the programme will be extended to the Lee Kuan Yew School of Public Policy. The School’s participation will enable us to attract scholars with a strong public policy orientation who can help advance the debate on key monetary and international finance policy issues, including from the regional perspective.”

Professor Ho Teck Hua, NUS Senior Deputy President and Provost, said, “We are extremely grateful for MAS’ continued support for this programme and the reaffirmation of its successful partnership with NUS. Over the last decade, the MAS Term Professorship has provided valuable opportunities for academics, industry practitioners and policymakers to engage with top international scholars, enhancing the University’s strong research standing, and Singapore’s reputation as an international financial hub. The programme has spurred notable collaborative activities at the NUS Business School and the NUS Department of Economics, and has greatly benefitted both faculty members and students. The timely inclusion of a public policy dimension to the programme will enable scholars and practitioners to better address the complex economic and financial challenges confronting Singapore and the region today.”

The MAS Term Professorship in Economics and Finance appoints distinguished scholars as Visiting Professors at NUS, with the aim of strengthening Singapore’s financial and economic research infrastructure and fostering a vibrant research community at local universities. To date, the Term Professorship has been awarded to 19 distinguished scholars.

About National University of Singapore (NUS)
The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 17 faculties across three campuses in Singapore, as well as 12 NUS Overseas Colleges across the world. Close to 40,000 students from 100 countries enrich our vibrant and diverse campus community. 
 
Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, 29 university-level research institutes, research centres of excellence and corporate labs focus on themes that include energy, environmental and urban sustainability; treatment and prevention of diseases common among Asians; active ageing; advanced materials; as well as risk management and resilience of financial systems. Our latest research focus is on the use of data science, operations research and cybersecurity to support Singapore's Smart Nation initiative.

For more information on NUS, please visit www.nus.edu.sg.

About Monetary Authority of Singapore
As Singapore’s central bank, the Monetary Authority of Singapore (MAS) promotes sustained, non-inflationary economic growth through appropriate monetary policy formulation and close macroeconomic surveillance of emerging trends and potential vulnerabilities. It manages Singapore's exchange rate, foreign reserves and liquidity in the banking sector. MAS is also an integrated supervisor overseeing all financial institutions in Singapore — banks, insurers, capital market intermediaries, financial advisors, and the stock exchange. Being an integrated supervisor allows the MAS to adopt a consistent and progressive regulatory and supervisory approach and framework, thereby ensuring a level playing field across all market segments, sectors and activities. With its mandate to foster a sound and progressive financial services sector in Singapore, MAS also helps shape Singapore’s financial industry by promoting a strong corporate governance framework and close adherence to international accounting standards. In addition, it spearheads retail investor education. MAS ensures that Singapore’s financial industry remains vibrant, dynamic and competitive by working closely with other government agencies and financial institutions to develop and promote Singapore as a regional and international financial centre.

For more information, please visit www.mas.gov.sg .