Contents and Preface

Monetary Policy Statement

Chapter 1 The International Economy

Chapter 2 The Singapore Economy
   Box A: The Opportunities For E-commerce In The Retail Sector

Chapter 3 Labour Market and Inflation
   Box B: An Empirical Analysis of Food Price Pass-through in Singapore 

Chapter 4 Macroeconomic Policy
   Box C: The Currency Interchangeability Agreement: Fifty Years On

Special Feature A: 
   Optimal Control In The Monetary Model Of Singapore

Special Feature B:  
   The Role Of Exchange Rates In International Price Adjustment

Special Feature C: 
   Using Cost-Benefit Analysis In Developed And Developing Countries: Is It The Same?

Statistical Appendix

Presentation Slides for Briefing