Singapore : Selected Issues.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Asia and Pacific Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2025/193

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (16 pages)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2025.

Summary:

This Selected Issues paper takes a stock of the current state of financial interconnectedness in Asia and through Singapore, and explores the link between trade and financial flows. One of the findings highlight that those Asian economies are not as financially integrated as their integration in trade would suggest and that Asia’s financial integration with the rest of the world has been led by advanced economies in the region, including Singapore. The foreign direct investment (FDI) network closely resembles the trade network and stands in contrast with the network for portfolio assets, which is dominated by advanced economies. Analysis based on a gravity model confirms that countries with strong prior trade linkages are likely to see higher FDI flows but finds no such relationship for portfolio flows. As Singapore continues to play a significant role in advancing financial integration in Asia, Singaporean banks are exposed to cross-border and foreign exchange funding risks. The authorities continue to make efforts to mitigate these risks.

Notes:

Description based on print version record.

ISBN:

9798229018036