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

Catalonia's Attempted Secession Reflects the EU's Continuing Existential Crisis

Merkel's Triumph Masks the Longer-Term Challenges from the Empowered Fringes

REAL-Economics.com

Thematic (Sector/Industry)

<p><strong>With the third and fourth largest economies in the Eurozone acquiring new governments committed to fiscal stimulus, the EU's existential crisis will be heightened -- unless Germany recognizes the need for it to embrace fiscal stimulus, thereby generating more domestic demand and cutting its current account surplus. In the near-term, Italy's new government will challenge the EU's fiscal rules as it attempts to generate faster economic growth with an aggressive combination of left- and right-wing</strong>…</p>

With the third and fourth largest economies in the Eurozone acquiring new governments committed to fiscal stimulus, the EU's existential crisis will be heightened -- unless Germany recognizes the need for it to embrace fiscal stimulus, thereby generating more domestic demand and cutting its current account surplus. In the near-term, Italy's new government will challenge the EU's fiscal rules as it attempts to generate faster economic growth with an aggressive combination of left- and right-wing…

IShares MSCI Europe Fincls Sctr Indx Fd (EUFN US)

Spain's Socialists Will Test the EU's Fiscal Rules, Even as Populists Rule in Italy