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Trade policies for a small open economy: The case of Singapore
Author(s) -
Chen Xiaoping,
Shao Yuchen
Publication year - 2017
Publication title -
the world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/twec.12555
Subject(s) - economics , globalization , small open economy , commercial policy , international trade , open economy , international economics , economy , macroeconomics , market economy , monetary policy , exchange rate
This paper discusses the trade policies and practices of Singapore based on the latest WTO trade policy review. Though Singapore's trade policies have been effective and contributing to its remarkable economic performance, it also faces problems and new challenges in the modern globalisation era. Reviewing Singapore's policies also provides guidance for other small open economies.