KHOR, HOE EE; LEE, JASON; ROBINSON, EDWARD; SUPAAT, … - In: The Singapore Economic Review (SER) 52 (2007) 01, pp. 7-25
This paper examines the key characteristics of Singapore's exchange rate-centered monetary policy; in particular, its managed float regime which incorporates key features of the basket, band and crawl system popularized by Williamson (1998, 1999). We assess how the flexibility accorded by this...