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1、SingapreandAsiainaGlobalizedWorldContemporaryEconomicIssuesandPolicies6866tp.indd19/30/0811:54:33AMThispageintentionallyleftblankSingapreandAsiainaGlobalizedWorldContemporaryEconomicIssuesandPoliciesEditorsChiaWaiMunSngHuiYingSchoolofHumanities&SocialSciences,NanyangTechnologicalUniversity,Sing
2、aporeWorldScientificNEWJERSEY•LONDON•SINGAPORE•BEIJING•SHANGHAI•HONGKONG•TAIPEI•CHENNAI6866tp.indd29/30/0811:54:33AMPublishedbyWorldScientificPublishingCo.Pte.Ltd.5TohTuckLink,Singapore596224USAoffice:27WarrenStreet,Suite401-402,Hackensack,NJ07601UKoffice:57SheltonStreet,CoventGarden,LondonWC2H
3、9HEBritishLibraryCataloguing-in-PublicationDataAcataloguerecordforthisbookisavailablefromtheBritishLibrary.SINGAPOREANDASIAINAGLOBALIZEDWORLDContemporaryEconomicIssuesandPoliciesCopyright©2009byWorldScientificPublishingCo.Pte.Ltd.Allrightsreserved.Thisbook,orpartsthereof,maynotbereproducedinany
4、formorbyanymeans,electronicormechanical,includingphotocopying,recordingoranyinformationstorageandretrievalsystemnowknownortobeinvented,withoutwrittenpermissionfromthePublisher.Forphotocopyingofmaterialinthisvolume,pleasepayacopyingfeethroughtheCopyrightClearanceCenter,Inc.,222RosewoodDrive,Danv
5、ers,MA01923,USA.Inthiscasepermissiontophotocopyisnotrequiredfromthepublisher.ISBN-13978-981-281-557-6ISBN-10981-281-557-0TypesetbyStallionPressEmail:enquiries@stallionpress.comPrintedinSingapore.Shalini-S'pre&Asianina.pmd19/26/2008,10:58AMb677_FM.qxd9/19/200810:56AMPagevFAChapterForewordEconomi
6、csisaveryimportantandusefulsubject.Thesewords,comingfromaneconomist,wouldprobablyinviteskepticismfrompeopleofotherdisciplines.However,beinganeducatorforclosetohalfacentury,Iwouldsayfrommyteachingexperiencethatfunda-mentaltraininginEconomicsallowsourstudentstothinkmorecriti-callyandenablesthemto
7、betterunderstandworldeconomicandworldfinancialpolicies,problemsandissues.Thelatter,inparticular,isincreasinglyimportantinviewofthecurrentturmoilintheglobaleconomy.Since2006,theDivisionofEconomicsofNanyangTechnologicalUniversity(NT
