Experts at a recent conference on China’s Belt and Road Initiative, hosted in Istanbul, spoke of its many advantages to the region, but also on the challenges involved in attracting financing
Distinguished Fellow, Geoeconomics Studies
Anoop Singh was Managing Director and Head of Regulatory Affairs, Asia Pacific, for JP Morgan until mid-2015, and is currently on the adjunct faculties at Lee Kuan Yew School of Public Policy, Singapore, and at Georgetown University, Washington DC. Before that, at the International Monetary Fund, he was Director of the Asia and Pacific Department (2008-13) and Director of the Western Hemisphere Department (2002-08). Mr. Singh, an Indian national, holds degrees from the universities of Bombay, Cambridge, and the London School of Economics. His other appointments at the IMF have included: Director, Special Operations in the Office of the Managing Director; Senior Advisor, Policy Development and Review Department; and Assistant Director, European Department. His additional work experience includes: Special Advisor to the Governor of the Reserve Bank of India; Senior Economic Advisor to the Vice President, Asia Region, the World Bank; Adjunct Professor at Georgetown University, and sometime lecturer in Bombay University. Mr. Singh has worked and written on macroeconomic, surveillance, and crisis management issues, helping design IMF-supported programs in emerging market, transition, and developing countries in South and South-East Asia, Eastern Europe, and Latin America. He led IMF missions to Thailand, Indonesia, and Malaysia during the Asian crisis, to Vietnam, Bulgaria, and Albania during their early transition experiences, and to a number of other countries in Asia and in the Americas, including India, Australia, China, Japan, and Argentina. Mr. Singh's publications include,"The Financial Market Crisis and Risks for Latin America", "Macroeconomic Volatility: The Policy Lessons from Latin America", "Inclusive Growth, Institutions, and the Underground Economy", "Sustaining Latin America's Resurgence: Some Historical Perspectives", "Stabilization and Reform in Latin America: A Macroeconomic Perspective on the Experience Since the 1990s", "Latin America's Resurgence", "Australia, Benefiting from Economic Reform", "Macroeconomic Issues Facing ASEAN Countries", and "Monetary Policy in India: Issues and Evidence (RBI)". His recent work on Asia has included directing the IMF’s periodic Regional Economic Outlook, with related posts (http://blog-imfdirect.imf.org/bloggers/anoop-singh/). He has organized conferences and seminars on political and economic issues affecting the ASEAN countries, "Asia and the IMF", Indonesia, Argentina, the Andean region, Central America, the Caribbean region, and the United States.
Geoeconomics, Macroeconomic, Surveillance, and Crisis management
Last modified: June 6, 2017
The IMF spring meetings on April 21-23 will take place amidst good news of the global economy moving into a better position. But the underlying fundamentals are still weak both in advanced countries and emerging markets, with the risks considerable. Economic policy makers must recognise and address the challenges with global consensus and multilateral actions
India’s global economic engagement, especially with the developing world, has increased in the last two decades, but trade with South Asia has remained low. It holds the potential for building greater productivity and more inclusive growth in India and the region
China has launched the One Belt, One Road (OBOR) Initiative in an attempt to rebuild the ancient Silk Road with proposed land and sea routes to promote infrastructure, trade, and investment in the regions that it will thus connect. The challenge will be to attract private financing to support the official and multilateral ones
The incoming Trump administration is inheriting an economy that is on a strong recovery path. What are the challenges in sustaining this and what is emerging as the new administration’s growth agenda?
Global growth has become weaker than expected. Did the G20 at the Hangzhou Summit in September focus on reversing this trend and help build consensus in this direction?
At the G20 summit in Hangzhou, leaders are expected to discuss the potential for strengthening the international monetary system and the conditions under which SDR could play an important role in this regard. This is a step that is well overdue but will require a major leap in international policy coordination.
The global digital surge is exerting a greater impact on productivity and growth than the trade in goods. India is already a leader among emerging markets in the technologically advanced services sector, and as the country approaches its 70th Independence Day, building on this comparative advantage must become a critical goalpost for the next decade.
Essays & Reports
A new phase of globalisation has begun, driven by the rise of digital flows. This phase brings about new questions for the WTO and other global economic and trade governance. A multilateral approach must balance protectionist sentiments along with a desires for digital openness.
India must be fully engaged in the emerging G20-led international policy agenda being developed to deal with global structural weaknesses and raise public investment where fiscal space is available. India and other emerging markets offer higher investment returns---partly because of their demographics---and their deepening international integration makes them attractive.