Economist, Centennial Asia Advisors

Nicholas Chia

Centennial Asia Advisors deliver timely and accurate economic and political analysis to investors, focused on anticipating key turning points that affect the client’s interests in the Asia-Pacific region. Clients include public agencies and central banks, as well as fund managers and investment banks. The company draws strength from its flexibility to tailor products to fit client’s specific interests. It provides detailed macro-economic forecasts, scenario analysis and timely assessments of how specific major economic and political developments may affect a client’s areas of interest. At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way.

Economist

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Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Macroeconomics

<ul>
<li>First, the increase in capex is less impressive after accounting for special factors, specifically the Air India capital injectons.</li>
<li>The assumption that massive public spending will crowd in private investments is questionable, and the bond market is poised for indigestion, given the deluge of borrowings amid tightening financial conditions.</li>
<li>Furthermore, the dearth of details on a credible fiscal consolidation plan raises the risk of fiscal dominance by compromising the RBI’s reaction function.</li>
</ul>


First, the increase in capex is less impressive after accounting for special factors, specifically the Air India capital injectons.
The assumption that massive public spending will crowd in private investments is questionable, and the bond market is poised for indigestion, given the deluge of borrowings amid tightening financial conditions.
Furthermore, the dearth of details on a credible fiscal consolidation plan raises the risk of fiscal dominance by compromising the RBI’s reaction function.


India: Going Beyond Budget FY23 - 4 Implications