Singapore to Pick Up Growth with Fiscal Stimulus
The article presents an indicative increase in economic growth rate of Singapore Economy based on Government Expenditure and Investment. The Fiscal expenditure will help the Singapore Economy slowing down under the External increase in world demand and general slowdown worldwide.
Topics covered are Economic Growth, Government Expenditure , Expansionary Fiiscal Policy , Inflation , Real Income , Components of Aggregate Demand, Investment and Consumption. Use the National Income Equation and Macroeconomic diagrams to explain the current situation and the possible solutions through Expansionary Fiscal policy and its consequences.
Evaluate the effectiveness of Expansionary Fiscal policy , Interventionist and Market based Supply side and Demand side policies in achieving Economic Growth in short term and long term.