Search results
Results From The WOW.Com Content Network
In macroeconomics, an open market operation (OMO) is an activity by a central bank to exchange liquidity in its currency with a bank or a group of banks. The central bank can either transact government bonds and other financial assets in the open market or enter into a repurchase agreement or secured lending transaction with a commercial bank.
These articles describe the various policies of the Government of Singapore and address the motivation, issues, deliberation, implementation and effect of these policies. Subcategories This category has the following 3 subcategories, out of 3 total.
It is not a free market process. To intervene in the "business cycle", a central bank may choose to go into the open market and buy or sell government bonds, which is known as open market operations to increase reserves. Open Market Operations are when the central bank buys bonds from other banks in exchange for cheques. These local banks then ...
A free market does not directly require the existence of competition; however, it does require a framework that freely allows new market entrants. Hence, competition in a free market is a consequence of the conditions of a free market, including that market participants not be obstructed from following their profit motive.
The Accounting and Corporate Regulatory Authority (ACRA) is a statutory board under the Ministry of Finance of the Government of Singapore.ACRA is the regulator of business registration, financial reporting, public accountants and corporate service providers.
Positioned on the centre-right of Singapore politics, the PAP is ideologically socially conservative and economically liberal. The party generally favours free-market economic policies, having turned Singapore's economy into one of the world's freest and most open, [19] but has at times engaged in state interventionism reminiscent of welfarism.
The cabinet in Singapore collectively decides the government's policies and has influence over lawmaking by introducing bills. Ministers in Singapore are the highest paid politicians in the world, receiving a 60% salary raise in 2007 and as a result Prime Minister Lee Hsien Loong's pay jumped to S$3.1 million, five times the US$400,000 earned ...
positive non-interventionism involves taking the view that it is normally futile and damaging to the growth rate of an economy, particularly an open economy, for the Government to attempt to plan the allocation of resources available to the private sector and to frustrate the operation of market forces.