Asia Economics Update Is India turning its back on liberalisation? A surge in populist policies and government interventions has sparked concerns that Asia’s third largest economy is turning its back on liberalisation. The moves follow on from the failure of the... 21st May 2008 · 1 min read
Asia Economics Focus How will Singapore fare in a US recession? The diversification of Singapore’s exports base and a much healthier outlook for domestic demand should help the city state to avoid recession this year, despite the downturn in the US. 21st May 2008 · 1 min read
Asia Economics Focus Can Asia sustain its growth momentum? We believe that the rapidly developing Asian economies will be able to continue growing strongly even as the US slows. Asian economies are closely enough linked to the US such that there will... 20th May 2008 · 1 min read
Asia Economics Update Korean rates still headed for 4.50% Today’s decision by the Bank of Korea (BoK) to hold the official 7-day repo rate at 5.00% reflected concerns about oil price-induced inflation and the still relatively high liquidity levels in the... 8th May 2008 · 1 min read
Asia Economics Focus Has Asia really escaped the subprime crisis? The Asian financial system has so far proved to be fairly resilient to the US subprime crisis. Asian exposure to opaque asset-backed securities has been well below that of other (primarily Western)... 7th May 2008 · 1 min read
Asia Chart Pack Asia - High inflation derails central bank plans (May 08) Inflation has re-emerged as a unifying theme across many Asian economies in recent weeks. Driven by the continuing high international oil and food prices, persistent upside surprises to inflation have... 6th May 2008 · 1 min read
Asia Economics Update Indian rates on hold but industry will still feel the pinch The Reserve Bank of India (RBI) defied market expectations by keeping interest rates on hold today and instead announcing another increase in the cash reserve ratio, to 8.25% (with effect from 24th... 29th April 2008 · 1 min read
Asia Economics Update Will Indonesia buck the trend and raise rates? The recent equities and government bonds sell-off in Indonesia has prompted comparisons with an episode in August 2005, when concerns over the fiscal impact of rising oil prices triggered a similar... 8th April 2008 · 1 min read
Asia Chart Pack Asia - Export outlook darkens (Apr 08) Asian exporters have enjoyed a strong start to the year with continued healthy demand from elsewhere in the region and from Europe helping to offset slower growth of shipments to the US. But the US... 3rd April 2008 · 1 min read
Asia Economics Update Indian civil service pay raise won’t solve corruption, inflation India’s 6th Pay Commission recommendation for generous central government worker pay hikes may have little, if any, impact on constraining corruption in the civil service but it will certainly stoke... 25th March 2008 · 1 min read
Global Economics Focus Australia & Canada: explaining contrasting monetary policies The contrasting monetary polices being pursued by the Bank of Canada and the Reserve Bank of Australia (RBA) are a good illustration of why only countries with strong trade and financial links to the... 5th March 2008 · 1 min read
Asia Chart Pack Asia - Thai rates set to tumble (Mar 08) Thailand is the only one of these seven economies which is likely to grow faster this year than last. Consumers are still wary, but business investment has picked up during the smooth return to... 4th March 2008 · 1 min read
Asia Economics Update India: slowdown + elections = fiscal populism At 8.4% y/y, India’s Q4 GDP figure confirmed that it is not immune to the global slowdown. The deceleration is not entirely unwelcome as it puts growth on a more sustainable path. Nevertheless, in a... 29th February 2008 · 1 min read
Asia Economics Update India: weathering the storm The latest data suggest that the Indian economy is holding up well despite the slowdown in the West. New statistics on output and prices suggest that the Reserve Bank of India (RBI) is under reduced... 13th February 2008 · 1 min read
Asia Economics Focus Has Indonesia turned a corner? Indonesia has come a long way since the Asian crisis of 1997-98, but for the most part of this last decade it has been a story of underperformance. With appropriate macroeconomic policies and further... 11th February 2008 · 1 min read
Asia Chart Pack Asia - Central banks put to the test (Feb 08) Asia as a whole is in good shape to weather a global slowdown this year, but the contraction in Singapore’s GDP at the end of 2007 underlines that smaller, tradereliant economies will suffer as demand... 31st January 2008 · 1 min read
