Tag Archives | India economy

India’s Budget: The Toilet Test

By John Richardson

IT was fantastic news to hear that Narendra Modi, in his first budget as Prime Minister, has repeated his pledge of ensuring that every Indian has access to a toilet by 2019.

But will he follow through …

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“Fragile Five” Now “The Exposed Eight”

By John Richardson

IT used to be just the “Fragile Five” – Brazil, India, Indonesia, South Africa and Turkey.

But last week, the Financial Times, drawing on data and analysis from Schroders, added three more countries to the list of …

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China’s Overshadowing Economic Importance

By John Richardson

AS we head into this weekend’s crucial November plenum , it is worth remembering that there is no chemicals and polymers market to compare with China’s in volume terms anywhere else in Asia.

Take polyproplyene (PP) as …

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China Market Intelligence Still Contradicts PE Demand Rise

By John Richardson

The debate continues as to exactly why polyethylene (PE) apparent demand (domestic production plus imports) in China rose by 13% in January-June of this year compared with the same period in 2011.

Why the anxiety? Because most …

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Holding India’s Leaders To Account

                                                            Source: ICIS Consulting

 

By John Richardson

It has now become widely recognised that India is in serious trouble. The consensus has shifted over the last few weeks, in the same way that the consensus shifted on China in June.…

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Asia, The Fed And Swimming Naked

 

By John Richardson

WHEN the tide eventually goes out, we will find out who has been swimming naked.

This will also be the case in several emerging markets, ex-China, when the Fed eventually draws down its stimulus.

Hot money …

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India PVC Growth In Context

By John Richardson

INDIAN polyvinyl chloride (PVC) demand is expected to increase by 13-14% in the financial year ending 31 March 2013 compared with just 3% growth in 2011-2012.

This is further evidence that, just perhaps, the decline in the …

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What India Power Cuts Indicate

By John Richardson

India, along with China, seems unlikely to deliver the contribution to global economic growth expected by the International Monetary Fund as late as April of this year (see above chart).

In the case of India, last week’s …

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Chems Trade Protectionism On The Rise

By John Richardson

TRADE protectionism in chemicals is set to rise during 2012 as a result of a weaker global economy, warned a trade lawyer who specialises in the chemicals industry.

“There was a 30-40% increase in the total number …

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Innovating Down The Value Chain

By John Richardson

THE lack of depth and thought behind “analysis” of the economic challenges facing developing economies has worried the blog for some time.

It is undoubtedly the case that as hundreds of millions more people in countries such …

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