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, Chief Economist at ICICI Securities, 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

India: Government In "RURAL" Overdrive, Risks and the Opportunities

India: Contradictory Signals from Prime Minister and Finance Minister On "Populism" In FY19 Budget

India: Modi at Davos - What PM Didn't Say Is Much More Important for Indian Economy

India: The Economy Is Turning Around Despite the RBI's Huge Policy Error

India: Trim Positions in an Overvalued Market Compounded by RBI Policy Error

India: Cyclical Downturn Is Getting Worse as the RBI Sleeps; the Rupee Needs to Depreciate

Low Inflation and Poor Industrial Growth Figures = The Time Is Right for Rate Cuts by RBI

REAL-Economics.com

Thematic (Sector/Industry)

<p>The Gujarat election results will be declared later today (18 December). All the exit polls suggested that the BJP would romp to victory there -- and win a narrower victory in the smaller state of Himachal Pradesh, ousting the Congress party's government in that state. Even if the exit polls prove correct, the very fact that the Congress party put up a strong contest in Gujarat is a warning sign to Prime Minister Modi about the prospects of winning the 2019 election. (If instead, Congress is…</p>

The Gujarat election results will be declared later today (18 December). All the exit polls suggested that the BJP would romp to victory there -- and win a narrower victory in the smaller state of Himachal Pradesh, ousting the Congress party's government in that state. Even if the exit polls prove correct, the very fact that the Congress party put up a strong contest in Gujarat is a warning sign to Prime Minister Modi about the prospects of winning the 2019 election. (If instead, Congress is…

Gujarat Election Setback: Modi Needs a Growth Revival Well Before May 2019