Japan and Italy have quite a bit in common. Both have histories stretching back 2,700 years. More recently, both are underperforming economies that have accumulated colossal debt burdens which rapidly ageing (and in Japan’s case, already shrinking) populations will struggle to pay off. In addition, both countries have weak political systems characterised by dozens of… [Read more]
At the height of the crisis, BMI suggested that a story of ‘Three Asias’ – that of China and India, the domestic demand-driven economies and the trade-dependent states – would dictate the pace and virility with which the region would recover from the global downturn. A year on, Justin Patrie asks Rahul Ghosh, Head of… [Read more]
The US Census Bureau on Tuesday released its latest population projections for 227 countries and territories, but what is grabbing the most attention are their figures for China and India (click here for press release). In particular, the Bureau sees China’s population shrinking from 2026, a year after which they expect India to become the… [Read more]
Asia’s economies are already in recovery mode, but there are still many uncertainties ahead. In a ‘Webinar’ held with the American Chamber of Commerce (AMCHAM) in Singapore, BMI analysts Yoel Sano and Eugene Leow discuss the following questions: • Which economies will be outperformers in 2009 and 2010, and why? • Are Asian economies decoupling… [Read more]
Last week, Business Monitor International (BMI) published a special report, ‘Britain On The Brink: UK Economy Sliding Out Of The Global Premier League‘ outlining our bleak prognosis of the country’s economy. Among its key findings, the report forecast that Britain will suffer a far deeper recession than either the UK Treasury or IMF predicts, with… [Read more]
The long-heralded ‘Asian growth story’ is rapidly becoming an ‘Asian collapse story’ in 2009. Perhaps ‘collapse’ is too strong a word, but Business Monitor International (BMI) has recently revised or is currently in the process of revising down its GDP growth forecasts for several Asian economies, including South Korea, Taiwan, Thailand, Singapore, and Hong Kong…. [Read more]
