I think that it's great that Singapore has been been given a chance to host an international meeting such the upcoming IMF - World Bank Conference Meeting. It sort of helps highlight the island's existance on the world map once again because not many people know where our country is. I would say that this is good for the country's economy and tourism industry.
On the other hand, there is also the downside of hosting such an event because it would mean that Security has to be stepped up to prevent any ugly situations from taking place. I don't feel comfortable after reading about the events that took place during the past meetings in the other countries.