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Book East Asian Economic Issues

Download or read book East Asian Economic Issues written by Jon D. Kendall and published by World Scientific. This book was released on 1998 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compilation of joint papers written by the staff and students of the Nanyang Business School in Singapore. It encompasses a broad range of interesting microeconomic and macroeconomic topics. The four sections of the book cover Singaporean microeconomic and macroeconomic issues, interdependence among Asia-Pacific economies, and other Asia-Pacific economic issues. The book embodies the highest level of technical rigor and commitment to excellence. The general public should find this book a handy, useful and informative tool for understanding the economics of East Asia. In particular, analysts and researchers in banks, securities houses, multinational corporations, government ministries and agencies, and universities will find the book indispensable for enhancing their understanding of the region's economies.

Book East Asian Economic Issues  Vol 4

Download or read book East Asian Economic Issues Vol 4 written by Jon D Kendall and published by World Scientific. This book was released on 1998-12-24 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compilation of joint papers written by the staff and students of the Nanyang Business School in Singapore. It encompasses a broad range of interesting microeconomic and macroeconomic topics. The four sections of the book cover Singaporean microeconomic and macroeconomic issues, interdependence among Asia-Pacific economies, and other Asia-Pacific economic issues. The book embodies the highest level of technical rigor and commitment to excellence.The general public should find this book a handy, useful and informative tool for understanding the economics of East Asia. In particular, analysts and researchers in banks, securities houses, multinational corporations, government ministries and agencies, and universities will find the book indispensable for enhancing their understanding of the region's economies.

Book Housing the Nation   a Singapore Policy Story

Download or read book Housing the Nation a Singapore Policy Story written by Kim Hin / David Ho and published by Partridge Publishing Singapore. This book was released on 2020-12-17 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 takes a close look at a unique and state-of-the-art dynamic, structural public housing macroeconomic model (DSPHM), based on an open economy for several key macroeconomic variables, actual and expected, as well as the demand for new HDB flats sold. This Chapter readily adopts the DSPHM for simulating two scenarios, namely a “no change” first scenario and a public housing “deregulation” second scenario. Chapter 2 explores the relationship between several economic factors and the demand for public housing in Singapore and Hong Kong, deploying the innovative and versatile system dynamics model, to shed better understanding on the policy implications of assisted ownership housing. The Chapter assesses the demand for new flats of the Singapore and Hong Kong economies, under certain macroeconomic policy changes, suitable for their unique situations. Chapter 3 is concerned with the underlying structural relationships that affect Singapore’s public housing policy to potentially privatize the HDB concessionary-rate mortgages for HDB homebuyers. Such a potential privatization infuses and sustains price competitiveness among the domestic private banks in Singapore, and lead to improved efficiency among them as well as the Singapore economy at large. Chapter 4 is concerned with the binomial option-pricing model, proposed by Cox, Ross and Rubinstein (1979), which is appropriate to represent the movement of the underlying HDB resale flat prices, subject to private market forces in HDB’s large scale public housing secondary resale market. The HDB Main Upgrading Program (MUP) is a heavily subsidized and highly targeted public housing policy. Since its inception in 1992, the HDB has budgeted some S$3 billion to finance the MUP policy. Chapter 5 recognizes housing affordability to be always an issue of concern to many Singaporean homebuyers because shelter forms one of the basic life necessities. The corresponding private residential market in Singapore offers quality and premium private residential accommodation for homebuyers, who prefer the private residential market. The appropriate affordability model is a multi-factor housing affordability index (HAI) model, which considers the ability to provide down payment and to service the mortgage taken up. Lastly, Chapter 6 offers the book’s conclusion.

Book The Economics of the Modernisation of Direct Real Estate and the National Estate   a Singapore Perspective

Download or read book The Economics of the Modernisation of Direct Real Estate and the National Estate a Singapore Perspective written by Kim Hin David HO and published by Partridge Publishing Singapore. This book was released on 2022-05-11 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of The Modernisation of Direct Real Estate and The National Estate - A Singapore Perspective Chapter 1 takes a close look the vector auto regression (VAR) model, offering a dynamic system of solely direct real estate variables, for international direct real estate investors and policy makers, to enable their decision-making. Chapter 2 examines the association of residential price and aggregate consumption. A cross-spectra analysis is helps to so validate, because of its model-free characteristics Chapter 3 is concerned with the underlying housing market dynamics and housing price time-series variation, via the Singapore (SG) generalized dynamic factor model (GDFM). Chapter 4 is concerned with the in-depth market analysis and empirical analysis of the structural behavior of the important SG private housing sector. Chapter 5 acknowledges that an in-depth sector analysis and an empirical analysis are imperative to better understand the structural behavior of the SG office sector. Chapter 6 is concerned with the Main Upgrading Programme (MUP), a highly targeted subsidized Housing Development Board (HDB) policy, since the 1990s. Chapter 7 recognizes the ‘National Estate’, denoting SG’s built environment, due to physical planning, integrated urban design, and the direct influence of the SG government in providing physical infrastructure via government ministries, statutory boards and public authorities. Chapter 8 offers the book’s conclusion.

Book Singapore s Economic Development

Download or read book Singapore s Economic Development written by Linda Y. C. LIM and published by World Scientific. This book was released on 2015-12-30 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Singapore is known internationally for its successful economic development. Key to its economic successes is a variety of policies put into place over the past 50 years since its independence. Singapore's Economic Development: Retrospection and Reflections provides a retrospective analysis of independent Singapore's economic development, from the perspective of different policy domains each considered by different expert scholars in that particular field. The book is written by academic economists in a style that is accessible to non-experts. Each chapter includes reviews of past scholarship, current data on each policy area, and reflections on required or desirable future policy changes and outcomes"--

Book Singapore   s Business Park Real Estate

Download or read book Singapore s Business Park Real Estate written by Kim Hin David HO and published by Partridge Publishing Singapore. This book was released on 2021-09-26 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 explores the extent to which the fundamental structure and behaviour of the large-scale high-tech strategic industrial real estate development projects, can be shaped in terms of institutional and macroeconomic conditions. Capital budgeting techniques and copula risk functions, affirm the relative influence of uncertain macroeconomic and financial variables, on the profitability of Singapore’s Biopolis at the One North development. Chapter 2 looks at the dynamics of the large-scale high-tech strategic industrial real estate market. The Chapter aims to understand the fundamental structure and behaviour of the industrial real estate in Singapore, and to broadly indicate the relative impacts of macroeconomic conditions on such industrial real estate market dynamics. In Chapter 3 and for the case of Singapore, the Chapter adopts the unrestricted vector autoregressive (VAR) approach, to understand how the space and asset markets in industrial real estate, are shaped via endogenous and exogenous factors. Chapter 4 construes the knowledge-based urban development (KBUD) strategy, to be a significant form of urban renewal of post-industrial cluster-based industrial cities. Urban planners are compelled to explore mixed-use zoning, the knowledge-based urban development-land use design model (KBUD-LUDM), its knowledge interaction design criteria (KIDC) and the land-use cost criteria (LUCC). Chapter 5 concludes this book.

Book Studies on the Property Market

Download or read book Studies on the Property Market written by Chi Wing Ho and published by NUS Press. This book was released on 1992 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, the authors, who have followed market activities closely since the mid-seventies as academics and property consultants, attempt to illustrate the application of various analytical approaches to macro-level market analysis, as well as specific project-level feasibility studies and financial analysis for the different property sectors organised under four separate sections comprising residential, office, shopping and hotel developments.

Book An Asian Direct and Indirect Real Estate Investment Analysis

Download or read book An Asian Direct and Indirect Real Estate Investment Analysis written by Kim Hin David HO and published by Partridge Publishing Singapore. This book was released on 2021-05-04 with total page 858 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is dedicated to real estate scholastic work, in advancing the greater understanding of real estate investment analysis. This is because there has been limited research in bringing out clearly the uncertainty or risk, which is quantifiable uncertainty in real estate market analysis. Even real estate market research, which is carried out as an industry practice among private real estate researches, is no exception. Another reason is that it has been widely accepted that while the financial revolution has substantially changed many sectors of the financial industry, it has made little impact on real estate development and investment practice as Ill as scholastic work. Furthermore, while it is readily acknowledged that despite its huge share in the world Ialth, real estate investment discipline and research is on the whole still a poorly researched subject area. As a result, the industry tends to be dominated by traditional real estate analysts with little understanding of real estate market uncertainty and capital markets. These commentators are widely regarded to spend too much time worrying about local space supply and demand conditions, while totally losing sight of the everchanging real estate market and capital market conditions. The theme of this book is real estate investment analysis of direct and indirect real, which in turn can be appropriately managed under economic theory and the theoretical conceptions of real estate finance, provided the uncertainty is quantifiable. The book deploys case studies involving Singapore and Asia. This Black over White background viii framework enables real estate market analysis to attempt what defines the Asian direct and indirect real estate sectors; what is being measured; how it behaves (in terms of price and non-price factors); how it is structured and how it effectively achieves the objectives of sustainable total returns and manageable real estate market uncertainty. Managing real estate market uncertainty optimally is achieved at the portfolio level through real estate asset allocation. This is important because the real estate portfolio is able to virtually eliminate the unique (i.e. specific) uncertainties among the various Asian real estate sectors; thus retaining within the portfolio only the systemic (i.e. market-wide) uncertainty. Apart from real estate asset allocation, the alternative and modern approach to risk management at the portfolio level, is the value-at-risk (VaR) approach. Another modern and important alternative to coping with uncertainty is real option analysis and pricing that help to better define real estate market uncertainty in extent and time. Real option analysis and pricing also represent uncertainty via a decision tree and the risk-neutral probability conception, in order to comprehend how uncertainty impacts on the value of real estate investment decisions. The pricing of uncertainty is based on the risk-free hedge security conception. These are best examined at the micro level of the investment in a real estate development opportunity on vacant land. Nevertheless, the real estate sectors in Singapore and Asia offer promising prospects since the Asian currency crisis of 1997. It is now timely to take stock and make an assessment of how the sectors would pan out for the future, Ill into at least rest the next century. I are very pleased to present our thinking and research in international real estate with particular emphasis on Asia. The region’s vast potential for real estate is itself a large incentive for international real estate research and education that has inspired me to document the significant work I have done over the years. Black over White background ix I wish all readers a pleasurable reading of this book, and I thank you sincerely for your support without which the publication of this book would be made all the more difficult. Dr HO, Kim Hin / David Honorary Professor (University of Hertfordshire, UK) (International Real Estate & Public Policy) March 2021.

Book Housing Market Dynamics in Singapore

Download or read book Housing Market Dynamics in Singapore written by Sau Kim Lum and published by . This book was released on 1996 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Politics of the Asian Economic Crisis

Download or read book The Politics of the Asian Economic Crisis written by T. J. Pempel and published by Cornell University Press. This book was released on 2018-09-05 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis"—with serious repercussions for nations and markets around the world. While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 1997–98 involved not just property values, financial flows, portfolio makeup, and debt ratios, they argue, but also the power relationships that shaped those economic indicators.As they examine the domestic, regional, and international politics that underlay the economic collapse, the authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. The authors also consider whether the crisis indicates a radical change in Asia's economic future.

Book Singapore

    Book Details:
  • Author : International Monetary Fund. Asia and Pacific Dept
  • Publisher : International Monetary Fund
  • Release : 2017-07-31
  • ISBN : 1484312880
  • Pages : 67 pages

Download or read book Singapore written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2017-07-31 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper outlines that the banking sector remains healthy, backed by high capital, liquidity, provisioning and profitability ratios. Sector-wide nonperforming loans (NPLs) have increased slightly (to 2 percent in 2017:Q1), due largely to stresses in the Oil and Gas (O&G) services sector. Banks have responded by increasing provisions (using forward-looking measures of impairment) and restructuring their loans. Overall, the banking sector is well-positioned to withstand shocks. Capital and liquidity positions are sufficiently strong and well above regulatory requirements. Capital and liquidity positions of the local banking groups remain strong. Liquidity coverage ratios (LCR) of all three major banks remained high and rose in 2016:Q4, remaining well above the regulatory limits. The turnaround in bank’s profitability (especially the strong performance in 2017:Q1) is attributed to two factors: an acceleration in credit growth and increases in fee income from wealth management services. Local banks have been a key factor behind the wealth management sector’s growth and its main beneficiary.

Book Econometric Analyses of International Housing Markets

Download or read book Econometric Analyses of International Housing Markets written by Rita Yi Man Li and published by Routledge. This book was released on 2016-03-31 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how econometric modelling can be used to provide valuable insight into international housing markets. Initially describing the role of econometrics modelling in real estate market research and how it has developed in recent years, the book goes on to compare and contrast the impact of various macroeconomic factors on developed and developing housing markets. Explaining the similarities and differences in the impact of financial crises on housing markets around the world, the author's econometric analysis of housing markets across the world provides a broad and nuanced perspective on the impact of both international financial markets and local macro economy on housing markets. With discussion of countries such as China, Germany, UK, US and South Africa, the lessons learned will be of interest to scholars of Real Estate economics around the world.

Book Dynamics of Housing in East Asia

Download or read book Dynamics of Housing in East Asia written by Bertrand Renaud and published by John Wiley & Sons. This book was released on 2016-03-03 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. draws on the best available theoretical and empirical literature applies analytic tools in the context of East Asian institutions and policies helps understand factors affecting resilience and stability in East Asian real estate markets.

Book Law  Economics and Finance of the Real Estate Market

Download or read book Law Economics and Finance of the Real Estate Market written by Rita Yi Man Li and published by Springer Science & Business Media. This book was released on 2014-03-10 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The symbiosis between the law, economics and finance is evidenced in our daily lives. This book elucidates the relationship between these factors in Singapore and Hong Kong in direct and indirect real estate market. In Singapore, for example, there is an inseparable relationship between law, economics, finance and the HDB market. The book also showcases the concept of invitation to treat and offer, monetary compensation for environmental externalities under the lens of institutional economics. It also sheds light on the relationship between financial crisis, regulations, housing prices and indirect real estate market.

Book Globalization and Economic Nationalism in Asia

Download or read book Globalization and Economic Nationalism in Asia written by Anthony P. D'Costa and published by OUP Oxford. This book was released on 2012-06-14 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection documents the different ways in which Asian governments have been pursuing economic nationalism even as they have been integrating with the world economy. The book challenges the popular view that with globalization, either the role of the state becomes redundant or that states are unable to purposefully intervene in the economy. The book argues that since most states pursue national interests, which largely include economic development, they work with national business and often intervene on their behalf to create internationally competitive industries. States are thus viewed as integral to capitalist development, and economic nationalism is neither theoretically nor empirically redundant. Contributors from Asia and elsewhere present wide-ranging arguments and evidence to counter the view that with globalization economic nationalism is passé. Instead, they demonstrate that states in Asia are active in shaping trade, investment, technological, industrial, and financial outcomes. Using interdisciplinary social science approaches that are also historically sensitive, this book critically assesses why and how states in select Asian countries continue to intervene in the economy in both familiar and novel ways. Countries covered include India, China, South Korea, Singapore, Japan, and the East Asian region as a whole. Together they illustrate why these states practice economic nationalism even as they enthusiastically embrace the generalized process of globalization through domestic reforms and liberalization.

Book Singapore s Real Estate

Download or read book Singapore s Real Estate written by Ngee Huat Seek and published by World Scientific. This book was released on 2016 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the "bricks and mortar" to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets."--Provided by publisher

Book Kiasunomics 2  Economic Insights For Everyday Life

Download or read book Kiasunomics 2 Economic Insights For Everyday Life written by Sumit Agarwal and published by World Scientific. This book was released on 2020-08-27 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Have you ever wondered how one can save from taxi rides during surge pricing? Why you would shop more under sunny weather? What effects does a bankrupt neighbour have on residents living in the estate? How do people perceive risks during the coronavirus pandemic? Kiasunomics©2 explores these issues and more in a light-hearted and easy-to-understand manner, by showing the economic ramifications of individual choices through the lens of Teng, the protagonist of this book, and his family and friends. Based on research from the National University of Singapore, the book explains the influences and consequences of the decisions made by all of us, using simple economic logic.This sequel to , a finalist at the Singapore Book Awards 2018, fast forwards a couple of years and follows Teng in his mid-career as a taxi driver. Ferrying passengers for a living, Teng has to grapple with challenges arising from ride hailing services. As one of the breadwinners in a three-generation household, Teng's ability to make wise financial decisions in a fast-changing world becomes increasingly important in attaining his dream of moving his family up the socio-economic ladder.This book covers hot and timely topics, which include: falling prices of old Housing and Development Board flats, rising land prices, wealth disparity among households, the Central Provident Fund retirement policy, regulation of car population, ride hailing services, mobile payments, and the coronavirus pandemic. These are unravelled through the authors' application of research findings.The book brings to light the relevance of research, often seen as esoteric, on our daily life and decision making. It also bears on policy implications, particularly issues on transportation, health, housing, and retirement.