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

India Politics: Five Key Messages for 2019 from the State Election Verdict in Karnataka

India Politics: Loss of Face as BJP Fails to Win Trust Vote in Karnataka, Big Boost for Opposition

India Politics: A Failed Experiment of BJP, The Pyrrhic Victory for Congress = Third Front Benefits

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

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

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

REAL-Economics.com

Thematic (Sector/Industry)

<p><strong>After "winning" in Karnataka, Modi's BJP is stronger nationally, with the main opposition Congress party no longer ruling any state with more than 15 seats in the national parliament. At a minimum, this will give the BJP a clear majority in the upper house (Rajya Sabha, indirectly elected from the state assemblies) by next year. But the likelihood of the Congress and JD-S combining their forces in the 2019 general election imperils the BJP's Karnataka prospects in the parliamentary elections due</strong>…</p>

After "winning" in Karnataka, Modi's BJP is stronger nationally, with the main opposition Congress party no longer ruling any state with more than 15 seats in the national parliament. At a minimum, this will give the BJP a clear majority in the upper house (Rajya Sabha, indirectly elected from the state assemblies) by next year. But the likelihood of the Congress and JD-S combining their forces in the 2019 general election imperils the BJP's Karnataka prospects in the parliamentary elections due…

Karnataka "Victory" A Mixed Blessing for Modi, Especially in the Context of 2019