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

Trump, Russia and the Triumph of America's Deep State

US Deflation Risks Are Creeping Back, and Will Be the Only Game in Town if Tax Hoopla Fails

China: Hurtling Toward Crisis, Nudged Along by Trump

REAL-Economics.com

Macroeconomics

-Ineptitude 1.0 was market-supportive because it meant that protectionist, xenophobic and alliance-disrupting policies could not be implemented in a hurry. -The collapse of Trumpcare (or the promise "to repeal and replace Obamacare on Day 1") signals the advent of Ineptitude 2.0, which will be more toxic for markets, because it means that major tax reductions are likely to be unimplementable in 2017. The Freedom Caucus opposed Trumpcare, and will oppose any tax reform that includes a border tax…

-Ineptitude 1.0 was market-supportive because it meant that protectionist, xenophobic and alliance-disrupting policies could not be implemented in a hurry. -The collapse of Trumpcare (or the promise "to repeal and replace Obamacare on Day 1") signals the advent of Ineptitude 2.0, which will be more toxic for markets, because it means that major tax reductions are likely to be unimplementable in 2017. The Freedom Caucus opposed Trumpcare, and will oppose any tax reform that includes a border tax…

The Trump Ineptitude Trade: Over or Just Beginning?