Tuesday, September 23, 2008

Articles on Inflation in Singapore

Here are two articles on Singapore's inflation and rising prices:
July Inflation
Vegetable Prices

Monday, September 22, 2008

An Alternative View on Recession

This is quite an interesting and somewhat realistic approach to measuring recession.

Redefining Recession

The general definition of recession is a fall in Gross Domestic Product (GDP). Some governments prefer to define "recession" as a reduction in GDP growth - for example, from 6% to 3%. However, this article emphasises the use of unemployment measurements as a better gauge of how the economy is performing.