Economic Transformation and Global Integration · 1965–Present

The 1985 Recession and Recovery

The first major post-independence economic downturn and the policy pivots that followed.

Key Questions

  1. 1What caused the 1985 recession?
  2. 2How did the CPF rate cut help restore competitiveness?
  3. 3What lessons were learned about economic flexibility?

MOE Syllabus Outcomes

MOE: Economic Transformation and Global Integration - S4
Level: Secondary 4
Subject: History
Unit: Economic Transformation and Global Integration
Period: 1965–Present

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