2018 ISBSS

International Symposium on Business and Social Sciences  

August 28-30, 2018  Singapore

Keynote Speech

Dr. Tan Khay Boon

Senior Lecturer

Singapore Institute of Management Global Education

Introduction of  Dr. Tan Khay Boon

Dr. Tan Khay Boon is a working at Singapore Institute of Management Global Education. He is also an assistant Editor of Singapore Economic Review. He holds a PhD from Nanyang Technological University, Master of Social Science in Economics and Bachelor of Social Science (Honours) from National University of Singapore. He began his teaching career in 1995 as a lecturer at the Temasek Business School Temasek Polytechnic, before moving on to lecture in Economics in the School of Humanities of Social Sciences, Nanyang Technological University and the School of Business, Singapore University of Social Sciences.  He is currently a senior lecturer and Head of programme in the Singapore Institute of Management Global Education.  During his teaching career, Dr Tan has taught various economic modules including international economics, macroeconomics, managerial economics, econometrics, time series analysis and forecasting. He has also published his research in reputed journals and the daily newspapers.


Finance Development and the Economic Growth Nexus: The Singapore Experience


The research aims to determine the causal effect between financial development and economic growth in Singapore.  Singapore is ideal in this study as its economic growth arises out of mainly investment which is closely link to the availability and efficiency of capital resource.  This paper explores the role of three financial markets, namely bank credit market, stock market and insurance market in the economic development of Singapore.  Theory suggests that financial market can influence economic growth via the capital accumulation channel and the efficiency channel.  This paper uses gross fixed capital formation, total factor productivity and real GDP per capita as growth indicators to establish the mechanism linking financial development and economic growth.  Using Singapore annual data in a vector error correction model framework and applying Granger causality test, the results indicates causal effect from financial development to economic growth, mainly via the capital accumulation channel in Singapore.  Additional evidence provided by variance decomposition and impulse response function also support financial development Granger causes economic growth.  It might be beneficial for Singapore to put in more effort to develop its stock market and insurance market to promote economic growth.

Key words:  Bank credit market, Stock market, Insurance market, Economic growth, Granger causality, Impulse response

Dr. Bob Barrett

American Public University

Introduction of  Dr. Bob Barrett

Dr. Bob Barrett is a Full Professor in the School of Business at the American Public University.  He has an Ed.D. in the field of Human Resource Development from The George Washington University in Washington, DC. He has been teaching online for the past eighteen years, as well as being a teacher/trainer, course developer, and state licensed business educator. His research interests include online learning, disability, teacher training, knowledge management, forensic human resource development methodology and analysis, and intellectual capital.  He has spoken extensively in Europe, South America, and Asia on online learning, knowledge management, and intellectual capital. Also, he has written for several international publications, as well as served as reviewer for several international publications.  Finally, he has a strong interest in helping to build bridges for more cultural awareness and education to help change the workforce of today and tomorrow.


Multi-Generational Transformations of Business and Educational Workplaces in the Creation of Stronger Working Relationships and Bonding


As businesses and educational institutions work towards meeting the needs of learners, employees, and society – there is a common element that they share, namely, the inclusion of multi-generational human capital.   While some generations may tend to have problems in seeing the same things or reaching the same conclusions with elements of their daily life, both the business and educational worlds can learn from these various generations of workers and learners in terms of helping to create a strong working relationship and bonding with each other in both of the environments.  In particular, now is the greatest time in our world history where we can capitalize on the learning and work experiences of all generations, if we choose to.  The key is the desire to learn from each other and share what we know in order to create a new body of knowledge and level of sharing and exchange than we have seen in previous decades.  While many environments and cultures may not agree on all topics or arrive at the same conclusions, the creation, exchange, management, and retention of knowledge of everyone in our world is critical.   

During the course of this presentation, the key elements to be highlighted will be the actors/stakeholders, environments/cultures, creation/management of knowledge, and how we can develop even stronger working relationships and bond with others in order to create better understanding and need to want to make a change and difference in our various types of institutions, organizations, and societies.  Learning to change and nurturing change can be achieved, if one wants to take that extra step in understanding of others and their perspectives, as well as reaching out to become a bigger part of the lives of others, rather than standing on the sidelines or shadows of the world stage.


2018 ISBSS Conference Program


Novotel Singapore Clarke Quay

177A River Valley Road, Singapore 179031

Member Center

Online Submission

Important Dates

Submission Deadline
April 1, 2019

Notification of Acceptance
From March 20, 2019
Registration & Payment Deadline
April 26, 2019
Final Modification Deadline
May 14, 2019

Contact & Inquiry

ISBSS Secretariat
Email: isbs@isbss.org

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