Andy's Feed
Jun 24, 2015

India in depth: Modi’s big bet on housing

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Andy Mukherjee

SINGAPORE, June 24 (Reuters Breakingviews) – India’s prime
minister is betting big on housing. Narendra Modi wants the
state to help finance 20 million new homes for the poor in seven
years. It won’t be an easy target: Overextended developers will
struggle to raise capital, acquire land, obtain regulatory
approvals and procure labour. But success would mean roughly
$250 billion in new investment and a boost to rapid
urbanisation.

Jun 19, 2015
via Breakingviews

Missing motorbikes point to Indonesian demand hole

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Indonesia’s missing motorcycles point to a deepening demand hole in Southeast Asia’s biggest economy. What’s more worrying for investors is that President Joko Widodo has so far done little to fill it.

Jun 19, 2015
via Breakingviews

Missing motorbikes point to Indonesian demand hole

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Indonesia’s missing motorcycles point to a deepening demand hole in Southeast Asia’s biggest economy. What’s more worrying for investors is that President Joko Widodo has so far done little to fill it.

Jun 16, 2015
via Breakingviews

Fed might fret about emerging market “spillback”

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. Federal Reserve didn’t lose much sleep about the spillover effects of its easy-money policies on the rest of the world. But when it starts raising interest rates, the central bank might very well fret about spillback.

Jun 16, 2015
via Breakingviews

Fed might fret about emerging market “spillback”

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. Federal Reserve didn’t lose much sleep about the spillover effects of its easy-money policies on the rest of the world. But when it starts raising interest rates, the central bank might very well fret about spillback.

Jun 8, 2015
via Breakingviews

Japan’s GDP lift is bounty from currency war

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The unexpectedly large jump in Japan’s first-quarter GDP happened almost entirely because its exporters have joined in a race to the bottom by major trade currencies. Whether the economy can retain this momentum depends on just how keen these companies are to share the spoils with their workers.

Jun 5, 2015
via Breakingviews

India GDP growth is one-third statistical illusion

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

India’s GDP growth is now one-third a statistical mirage. Unless something has changed dramatically in recent years in how companies and consumers behave, the economy is more likely to be expanding at 5 percent, not the 7.5 percent claimed by the authorities.

Jun 5, 2015
via Breakingviews

India GDP growth is one-third statistical illusion

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

India’s GDP growth is now one-third a statistical mirage. Unless something has changed dramatically in recent years in how companies and consumers behave, the economy is more likely to be expanding at 5 percent, not the 7.5 percent claimed by the authorities.

May 26, 2015
via Breakingviews

Japan lesson on China debt: extend, don’t pretend

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Japan holds an important lesson for China. Like the People’s Republic today, it battled with runaway debts in the early 1990s. The key is to tell banks whose loans are going bad: if you must, then extend – but don’t pretend.

May 26, 2015
via Breakingviews

Japan lesson on China debt: extend, don’t pretend

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Japan holds an important lesson for China. Like the People’s Republic today, it battled with runaway debts in the early 1990s. The key is to tell banks whose loans are going bad: if you must, then extend – but don’t pretend.

    • About Andy

      "Andy Mukherjee covers Asian economies from Singapore. He joined from The Straits Times where he was a senior writer. Andy spent eight years at Bloomberg News, the last five as an Asia columnist. In 2004, and again in 2006, he was awarded the second prize for outstanding commentary writing by the New York-based South Asian Journalists' Association. He left Bloomberg to join a start-up business television station in Mumbai where he was the executive editor until 2010. Andy has an undergraduate degree in journalism from University of Delhi."
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