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

Larsen & Toubro: Could 3Q Disappoint the Markets, "Five Things to Watch Out For" In L&T Results

L&T 3Q FY18: Bumper Order Inflow Is the Highlight of a Good Quarter, But Is It Already in the Price?

India: Is L&T's Robust Order Flow in 3Q Sign of Broad Economic Recovery?

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

India: Plain and Simple, Bumper Industrial Production Data Revive Hopes of Sharp Recovery

India: Inflation Above 5% as Vegetable Prices Go Through the Roof, Rate Hike by RBI Looks Imminent

India: Core Industries Report Best Growth Rate in More than Twelve Months, But Recovery Is Selective

REAL-Economics.com

Macroeconomics

-India's Economic Survey for 2017/18 correctly points out that the "twin balance sheet problems" of weak corporate and bank balance sheets have been binding constraints on investment, and hence on a sustained economic recovery. However, the evidence of an investment revival is quite clear to us from recent industrial, trade and credit data. -Capital goods output was up 9.4% YoY in November 2017 and infrastructure goods output was up 13.5% YoY. While a base effect helped in November, capital…

-India's Economic Survey for 2017/18 correctly points out that the "twin balance sheet problems" of weak corporate and bank balance sheets have been binding constraints on investment, and hence on a sustained economic recovery. However, the evidence of an investment revival is quite clear to us from recent industrial, trade and credit data. -Capital goods output was up 9.4% YoY in November 2017 and infrastructure goods output was up 13.5% YoY. While a base effect helped in November, capital…

The Long-Awaited Investment Revival Is Here