External Economy, International Economy
The Asian Financial Crisis, also known as the “Asian Contagion,” was a period of financial turmoil that originated in Thailand in 1997 and spread to several other countries in East and Southeast Asia. The crisis was triggered by a number of factors,...
Domestic Economy, Essays, Exam Skills, External Economy, H2 Econs, International Economy, Resources
JC Economics Essay Internal & External Sources of Economic Growth Model Answers US-China decoupling: If the decoupling between the world’s two largest economies were to continue gradually, China may find herself needing to rely more on her internal sources of...
Essays, Exam Skills, External Economy, H2 Econs, Resources
JC economic Essay Modest & Gradual Appreciation of S$ and Macroeconomic Issues Model Answers When times are good, Monetary Authority of Singapore (MAS), the de-factor Central Bank of Singapore, has always aimed to maintain a modest & gradual appreciation of...
Domestic Economy, Essays, Exam Skills, External Economy, H2 Econs, International Economy, Resources
JC economic Essay Zero Rate Appreciation & Global Financial Crisis Model Answers During the 2009 global financial crisis and even the COVID-19 health and economic crisis, the de-facto central bank of S’pore, the Monetary Authority of Singapore (MAS), chose...
Essays, Exam Skills, H2 Econs, International Economy, Resources
JC Economics Essay Worldwide Recession & Limitations of Discretionary Expansionary Fiscal Policy Model Answers In Macroeconomics, a discretionary fiscal policy constitute changes in government spending (G) and taxation (T) that need specific approval from...