Description
About the Series

Singapore is one of the premier financial centres in the world. It is one of the biggest markets for the trading of foreign exchange and financial derivatives, and home to hundreds of global financial institutions, from banks and insurers to oil traders and hedge fund managers.

This book traces the development of Singapore’s financial sector from its early supporting role in a thriving British colonial trading outpost to its rapid expansion after the nation’s Independence in 1965. It is the story of how policymakers here managed to maintain a reputation for regulation and supervision of a high standard, and yet take risks to innovate boldly and seize global opportunities when they arose.
To commemorate the 50th anniversary of Singapore’s Independence, the Institute of Policy Studies and Straits Times Press jointly launched the Singapore Chronicles series in 2015.

This 50-volume series seeks to record, explain and offer insights into what makes Singapore, Singapore. Covering a wide range of subjects, from the philosophical to the mundane, the fundamental to the practical, these Singapore Chronicles titles include Constitution, Presidency, Housing, Transport, Demography, CPF, Sports and Food. Each volume in this series will serve as a primer on the subject.

Written by leading experts, they will focus on key aspects of the subject, providing analysis as well as a historical account. Readers will gain an insight into what makes Singapore tick and also why it has chosen certain “paths un-trodden”.

Authors

Singapore Chronicles: Finance