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

India's real GDP decelerated to 7.1% YoY growth in Apr-Jun 2016 (1Q-FY2016/17), the slowest in five quarters, as fixed investment declined at its steepest pace in more than 4 years (-3.1% YoY). But real exports of goods &amp; services expanded 3.2% YoY, ending a 2-year slump to grow at their fastest pace since Apr-Jun 2014. With real imports of goods and services down 5.8% YoY, net exports were the key driver of aggregate demand, although private consumption decelerated to 6.7% YoY growth, from over…

India's real GDP decelerated to 7.1% YoY growth in Apr-Jun 2016 (1Q-FY2016/17), the slowest in five quarters, as fixed investment declined at its steepest pace in more than 4 years (-3.1% YoY). But real exports of goods &amp; services expanded 3.2% YoY, ending a 2-year slump to grow at their fastest pace since Apr-Jun 2014. With real imports of goods and services down 5.8% YoY, net exports were the key driver of aggregate demand, although private consumption decelerated to 6.7% YoY growth, from over…

GDP Decelerates Amid Slumping GFCF, but Exports Lead a Cyclical Turnaround