Contents 

 PDF (162.9 KB)

Preface

 PDF (12.9 KB)

Highlights 

 PDF (134.3 KB)

Monetary Policy Statement

 PDF (199.9 KB)

Chapter 1 Macroeconomic Developments
    Box A: The Phillips Curve Revisited
    Box B: Review of MAS' Money Market Operations in FY2007/08

 PDF (504.2 KB)

Chapter 2 Wage-Price Dynamics  
    Box C: Recent Trends in Singapore's Resident Labour Force Participation Rate

 PDF (413.4 KB)

Chapter 3 Outlook  
    Box D: Market Share Analysis of Regional Manufacturing Export

 PDF (515.2 KB)  

Special Feature A: 
    An Empirical Analysis of Exchange Rate Pass-through in Singapore 

 PDF (335.9 KB)

Special Feature B: 
    Analysing Oil Price Shocks and their Impact on the Singapore Economy  

 PDF (245.3 KB)

Special Feature C:
    Economic Benefits from International Cooperation on the Environment 

 PDF (128.7 KB)

Statistical Appendix 

 PDF (76.2 KB)

Selected Publications

 PDF (24.7 KB)