Economic Society of Singapore

Asia’s Role in the Global Economy and the International Financial System

2006 MAS-ESS Essay Competition Award Ceremony – “Asia’s Role in the Global Economy and the International Financial System”

The 2006 MAS-ESS Essay Competition Awards Ceremony was held in conjunction with the ESS Annual Dinner 2006.

In his opening remarks, Dr Khor Hoe Ee, Assistant Managing Director (Economic Research and Financial Stability) of MAS and President of ESS, said that this year’s topic was chosen to encourage the students to research and reflect on an issue with an international dimension, unlike in previous years when the topics had a domestic focus.

Despite the challenge faced, the competition saw an increase in the number of essays as compared to previous years. Over 80 essays were received, many of which were of high quality. The winning essays in both categories showed a depth of understanding of global economic developments and a maturity of thought highly commendable. Both stressed that with Asia’s growing economic clout comes greater responsibilities on the world stage and that Asia’s actions have implications for the rest of the world. Regional cooperation and integration should be seen as a key step towards globalization, by encouraging countries to liberalize and open up their economies.

Clickhereto download Dr Khor Hoe Ee’s Opening Remark.

Winners and Essays

(L to R) Hong Min Lin, Jeremy Teh, TanYong Liang, Koh Poh Wei, Dr Khor Hoe Ee, SM Goh Chok Tong, Melvin Koh, Yang Bo, Chia Wai Mun, Ng Pin Quan

Attractive cash prizes and certificates were awarded to the winners of the 2006 competition. MAS & ESS thank all for their participation. Congratulations to the Winners:




Pre-University Category University Category
First Prize Mr Koh Poh Wei

Hwa Chong Institution

Mr Koh Kint Hock Melvin


Second Prize Mr Jeremy Teh Zi Rong/ Mr Tan Yong Liang
Hwa Chong Institution
Mr Yang Bo/ Ms Chia Wai Mun
Third Prize Ms Hong Min Lin

Raffles Junior College

Mr See Kok Heng/
Mr Ng Pin Quan
Wharton/ Columbia