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For enquires, please
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Ms Lim Soh Lee at IPS,
Tel.:6779-2633
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The IFER
Report:
Restructuring Singapore Economy
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The government announced in October 2001 the
establishment of the Economic Review Committee (ERC) under the leadership of
Deputy Prime Minister Lee Hsien Loong "to fundamentally review our
development strategy and formulate a blueprint to restructure the economy,
even as we work and ride out the current recession".
The Institute of Policy Studies (IPS), as a public policy
think tank, convened a forum in January 2002 to identify and analyse some of
the major economic issues confronting Singapore and offer possible solutions
to overcome them. This forum, called the IPS Forum on Economic Restructuring
(IFER), drew its more than 80 members from the private sector, public sector
and academia.
Their seven-month long deliberations are contained in
this IFER report which is a culmination of their own knowledge and
experience, gathered over many years in their respective fields of
expertise.
The basic aim of IFER is to contribute to the important
work of the ERC, and has the following objectives:
- provide an additional perspective on the problems and
issues currently faced by the Singapore economy.
- support the correct policies that have been implemented
and offer alternative suggestions with regard to policies that it
disagrees with.
- serve as a useful source of reference for future policy
makers, business practitioners and academic researchers who are interested
in a small open economy such as Singapore.
Despite all the differences of backgrounds and
perspectives among them, IFER members were united by one unwavering article
of faith: the desire to see Singapore succeed.
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The IFER Report:
Restructuring Singapore Economy,
Singapore: Times Academic Press for IPS, ISBN 981 210 239 6
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