Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

REAL-Economics.com

Macroeconomics

Deputy Governor Urjit Patel will be elevated to Governor of the RBI (Reserve Bank of India) when Raghuram Rajan's term ends in a fortnight. Dr Patel is a safe choice who ensures complete continuity in monetary policy, with the added advantage of not being a "rock star" who could rock the political boat with out-of-turn comments on non-economic topics. Central bank governors rarely make overtly political statements about issues that have nothing to do with economic policy, as Raghuram Rajan…

Deputy Governor Urjit Patel will be elevated to Governor of the RBI (Reserve Bank of India) when Raghuram Rajan's term ends in a fortnight. Dr Patel is a safe choice who ensures complete continuity in monetary policy, with the added advantage of not being a "rock star" who could rock the political boat with out-of-turn comments on non-economic topics. Central bank governors rarely make overtly political statements about issues that have nothing to do with economic policy, as Raghuram Rajan…

Continuity and Discretion Are the New RBI Governor's Traits