Monetary Policy in Singapore and the Global Financial Crisis



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Monetary Policy in Singapore and the Global Financial Crisis



Singapore Management University 

Singapore Management University 

Institutional Knowledge at Singapore Management University 

Institutional Knowledge at Singapore Management University 

Research Collection School Of Economics 

School of Economics 

2011 

Monetary Policy in Singapore and the Global Financial Crisis 



Monetary Policy in Singapore and the Global Financial Crisis 

Hwee Kwan CHOW 

Singapore Management University, hkchow@smu.edu.sg 

Peter WILSON 

Follow this and additional works at: 

https://ink.library.smu.edu.sg/soe_research 

 Part of the 

Asian Studies Commons

Economic Policy Commons



, and the 

Finance Commons 

Citation 

Citation 

CHOW, Hwee Kwan and WILSON, Peter. Monetary Policy in Singapore and the Global Financial Crisis. 

(2011). 


Challenges for the Singapore Economy in the Post-Crisis Era. 139-167. Research Collection 

School Of Economics. 

Available at:

Available at: https://ink.library.smu.edu.sg/soe_research/1352 

This Book Chapter is brought to you for free and open access by the School of Economics at Institutional 

Knowledge at Singapore Management University. It has been accepted for inclusion in Research Collection School 

Of Economics by an authorized administrator of Institutional Knowledge at Singapore Management University. For 

more information, please email 

cherylds@smu.edu.sg




C h a p t e r

8

MONETARY POLICY IN SINGAPORE



AND THE GLOBAL FINANCIAL CRISIS

Chow Hwee Kwan and Peter Wilson

“I’m forever blowing bubbles, pretty bubbles in the air. They rise so high

they reach the sky and like my dreams they fade and die.” (West Ham

United supporters’ song)




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