Singapore Prime Minister Lee Hsien Loong’s siblings last week accused him of putting self-interest before good governance. Yet, his personal popularity remains untarnished. The Singaporean economy may no longer be the powerhouse it was and the country’s cost competitiveness may have declined, but the government has been working to regain its edge
Adjunct Senior Fellow, Geoeconomics Studies
Dr. V. Anantha-Nageswaran is Adjunct Senior Fellow, Geoeconomics Studies, at Gateway House. He is an affiliated faculty member at the Singapore Management University and is a regular contributor to Mint, an Indian financial daily, and is a regular commentator on geoeconomics for international media outlets. He co-founded the Aavishkaar India Micro Venture Capital fund, a pioneer in impact investing, and the Takshashila Institute, a public policy think tank and educational institute in Bengaluru. Prior to joining Gateway House, he worked as an independent consultant for six years. He was at Bank Julius Baer & Co. Ltd., as the Chief Investment Officer and was formerly Head of Research for Asia. Prior to this he worked for Credit Suisse in Switzerland and Singapore, and the Union Bank of Switzerland (now UBS). Dr. Anantha-Nageswaran received his PhD in finance from the University of Massachusetts in 1984 for his work on the empirical behaviour of exchange rates. He has an MBA from the Indian Institute of Management, Ahmedabad (1985). He has co-authored two books, titled Economics of Derivatives (2015) and Can India grow? (2016)
Geoeconomics Studies, International Business, International Finance, International Economics
Last modified: June 22, 2017
Provisional data on India’s GDP for the fourth quarter of 2016-17, released at the end of last month, suggests that the economy is not shining, a condition that has been in the making much prior to the government’s demonetisation exercise: it’s private capital formation that is absent. This must rouse the policy makers to action.
A robust currency is welcome, but only if a country’s economic fundamentals bear it out. The numbers offer specious comfort as a strong currency makes imports more attractive. The truth is that India’s economic growth is middling and private capital formation is not visible
The President’s policy bite has been far weaker than his policy bark. He has not turned out to be the fascist dictator people feared he would be. Why then does he induce such visceral hatred?
This is the first time in 30 years that Moody’s has made a change in China’s rating. Coming close on the heels of the high-profile Belt and Road Forum, this was an embarrassment that was avoidable
The emergence of masala bonds as a funding vehicle for Indian companies can aid India’s geoeconomic goals. Most of them are listed in the London Stock Exchange. But is India leveraging fully the rupee’s internationalisation?