Andy's Feed
Feb 24, 2015
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Piketty meets pragmatism in Singapore tax hike

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By Andy Mukherjee 

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

Thomas Piketty has met pragmatism in Singapore’s higher tax rate for top earners.

Feb 23, 2015
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Japan’s inflation test: Mapping the road to 2 pct

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By Andy Mukherjee

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

The Bank of Japan has set out on a difficult journey. The central bank can only reach its destination of 2 percent inflation if consumers spend, workers produce and investors remain calm. Missing any of the three signposts could lead Japan astray, as a new Breakingviews calculator shows.

Feb 16, 2015
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Limp Japan recovery may be immune to monetary cure

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By Andy Mukherjee

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

Japan’s economy has dragged itself out of recession, but the country’s limp job market is hobbling the recovery. While money-printing can further weaken the yen and boost exports, stronger domestic demand depends on creating more full-time, well-paid jobs.

Feb 16, 2015
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Limp Japan recovery may be immune to monetary cure

Photo

By Andy Mukherjee

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

Japan’s economy has dragged itself out of recession, but the country’s limp job market is hobbling the recovery. While money-printing can further weaken the yen and boost exports, stronger domestic demand depends on creating more full-time, well-paid jobs.

Feb 10, 2015

Indian electoral upset could weigh on reforms

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

By Andy Mukherjee

SINGAPORE, Feb 10 (Reuters Breakingviews) – The upstart
Common Man Party has regained power in Delhi a year after its
first brief rule. For now, that’s a minor embarrassment for
Narendra Modi. But if his rival’s left-wing rhetoric gains
national traction, the prime minister may have to rethink his
pro-business policies.

Feb 3, 2015
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Australia underscores urgency of Asian rate cuts

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By Andy Mukherjee 

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

Australia’s interest-rate cut underscores the urgency of lower borrowing costs in the Asia-Pacific region.

Feb 3, 2015
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Australia underscores urgency of Asian rate cuts

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By Andy Mukherjee 

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

Australia’s interest-rate cut underscores the urgency of lower borrowing costs in the Asia-Pacific region.

Feb 2, 2015
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India’s “improved” GDP statistics strain credulity

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By Andy Mukherjee

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

India’s “new and improved” GDP statistics are asking investors to suspend their disbelief. Revised data suggests that growth zoomed in the year to last March, just as the country tightened fiscal and monetary policies to tame inflation, narrow the current account deficit and prevent a currency crisis. Such a thing has not happened in any major economy in at least three decades.

Jan 28, 2015

India in depth: Relaxing the budget squeeze

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

By Andy Mukherjee

SINGAPORE, Jan 28 (Reuters Breakingviews) – The states of
India deserve a break. They have been living under harsh budget
constraints that New Delhi has seldom accepted for itself. The
upcoming budget gives Finance Minister Arun Jaitley a chance to
let states boost spending even as the federal government turns
more austere. This rebalancing is required to lift languishing
growth. It is also a wise political move.

Jan 27, 2015
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Monetary mess threatens gains from oil oversupply

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By Andy Mukherjee

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

A sharp oil price decline is generally a sign of oversupply, and an oil glut is normally an economic lubricant. The oil price is down almost 60 percent since June, and about half of the decline looks like a case of oversupply. But cheap crude might not provide much oomph, because central banks are gumming up the works.

    • 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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