Singapore Economy Could Contract Most Since Independence

Singapore Economy Could Contract Most Since Independence

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the severe economic impact of COVID-19 on Singapore and the global economy, highlighting supply chain disruptions and demand shocks. It explores the phased recovery trajectory, potential risks, and the role of government support. The discussion includes Singapore's fourth stimulus package, focusing on job creation and SMEs, and the economic outlook for Southeast Asia, considering monetary policy adjustments.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does government support play in the recovery of the economy post-COVID?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the fiscal policies being implemented in response to the COVID crisis?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the economic situation in Indonesia compare to that of Singapore in terms of recovery?

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