Main factors of inflation in Singapore

Inflation in Singapore is caused by both domestic and external demand-pull and cost-push factors. Singapore mainly suffers from demand-pull inflation, which may occur when increases in aggregate demand (AD) persistently exceeds that of aggregate supply (AS), which caused excess demand when the economy is near or at full employment. Inflation, in this case, is due … Read more

Measures to Control Inflation

There are two ways of controlling inflation in an economy: Monetary measures Fiscal measures Monetary Measures The government of a country takes various measures and formulates policies to control economic activities. Monetary policy is one of the most commonly used measures taken by the government to control inflation. Here, the central bank increases the interest … Read more

Methods to Control Inflation

Methods to Control Inflation MONETARY MEASURES A moderate rate of inflation is sometimes considered to be essential but it varies from country to country and from time to time but as the rate of inflation crosses the desirable limit, certain measures are undertaken to prevent increasing undesirable inflation. Countries use monetary measures to keep the … Read more

Non-Accelerating Inflation Rate of Unemployment (NAIRU)

NAIRU, which is the non-accelerating inflation rate of unemployment represents the rate of unemployment at whish inflation will stabilise. The NAIRU theory was used to explain the stagflation phenomenon of the 1970’s when the Phillips Curve could not . According to the theory it is explainable why there is a simulataneous high unemployment and high … Read more

Inflation In The Bank System

Inflation would be the charge from which the typical higher level pf prices pertaining to products along with companies will be soaring along with, for the reason ,you’re getting energy regarding currency exchange will be slipping. Key banks try to restriction inflation and the steer clear of deflation, in order to keep your financial system … Read more

Economic Growth

Economic Growth is defined as the way that the real income of an economy increases over time. This generally signifies that the economy is wealthier and producing more, individuals are better off, and that living standards are higher. A more technical definition would go into the way that Economic Growth is measured – usually in … Read more

The Sources Of Inflation

Over the last century many countries throughout the world have experienced inflation as their major economic problem. Expensive wars have traditionally been recognized as the sources of inflation. Governments, in effort to squeeze more production out of an economy, have often resorted to printing or releasing more money to finance the purchase of arms and … Read more

A General Increase In Prices – Inflation

In the 1970s the prices of most things Americans buy more than doubled. Such a general increase in prices is called inflation. Prices of selected goods may increase for reasons unrelated to inflation: the price of fresh lettuce may rise because unseasonably heavy rainfall in California has ruined the lettuce crop, or the price of … Read more

Asian Crisis

The beginning of the Asian financial crisis can be traced back to 2 July 1997. That was the day the Thai Government announced a managed float of the Baht and called on the International Monetary Fund (IMF) for ‘technical assistance’. That day the Baht fell around 20 per cent against the $US. This became the … Read more

The Great Inflation

In late-1922 the German government were forced to ask the Allies for a moratorium on reparations payments; this was refused, and she then defaulted on shipments of both coal and timber to France. By January of the following year, French and Belgian troops had entered and occupied the Ruhr. The German people, perhaps for the … Read more