Building Immunity: Crisis And Contagion In The City State

Singapore has experienced significant impacts from global financial and healthcare crises, such as the 2007 Global Financial Crisis (GFC) and the COVID-19 pandemic. This book provides an in-depth account of Singapore's policy responses to these crises, focusing on the policy capacity-building efforts that have taken place in the aftermath of earlier crises like the 2003 SARS outbreak and the 1997 Asian Financial Crisis. The book highlights a consistent pattern in Singapore's approach to crisis management, involving policy learning and capacity-building after each crisis and applying these lessons to subsequent crises.

Format: Hardback
Length: 164 pages
Publication date: 28 February 2022
Publisher: World Scientific Publishing Co Pte Ltd

Singapore has been profoundly affected by the ripples and shockwaves that have emanated from global financial and healthcare crises, ranging from the financial contagion of the 2007 Global Financial Crisis (GFC) to the viral contagion of the recent COVID-19 pandemic. Despite these challenges, Singapore has demonstrated remarkable resilience in the face of instability. This book offers an in-depth exploration of Singapore's policy responses to both the COVID-19 pandemic and the GFC. It specifically focuses on the policy capacity-building efforts that have taken place in the aftermath of previous crises, such as the 2003 Severe Acute Respiratory Syndrome (SARS) outbreak and the 1997 Asian Financial Crisis. These four crises, spanning across time and space, reflect a consistent pattern in Singapore's approach to crisis management. This pattern involves the acquisition of policy lessons and the enhancement of capacity after each crisis, with the application of these lessons and capacities to subsequent crises. By examining the role of policy capacity in Singapore's crisis response measures, this book provides valuable insights for policymakers and practitioners alike. It serves as a useful framework that can be employed to plan for future crises and pandemics, ensuring that Singapore remains prepared and responsive to the ever-evolving challenges of the global landscape.

ISBN-13: 9789811241390