Latest Asia Economic Exclusives - Exclusive Asia Economic Facts & Events
India's overheated economy
The spectacular growth of India’s economy during the last decade has stunned many people worldwide. Currently, India’s annual growth rate of over 9 percent is surpassed only by China in Asia. However, it is widely believed by many experts that this pace of expansion may not be sustainable in the foreseeable future. This has largely been attributed to the widespread ...
Read Full ArticleBank of Japan and the Carry Trade Bubble: What Japan's Recent Rate Hike means for the Country’s Recovery and the Yen Carry Trade
On February 21, the Bank of Japan voted to raise the unsecured overnight call rate, used as a benchmark for the short-term money market, by a quarter of a percentage point to .5 percent. The move came as part of an attempt to address the problem of the country’s overly cheap credit. Japan has used extremely low rates as a ...
Work Cited
India and Japan Seek to Strengthen Ties
1. Johnson, Jo and David Pilling. (2006, Dec. 14). India and Japan rekindle element of passion.” The Financial
Times. (cited 15 Dec.
2006).
2. Yoshida, Reiji and Hiroko Nakata. (2006, Dec. 16). Tokyo, New Delhi OK trade agreement talks. The
Japan Times.
3. Pandit, Rajat. (2006, Dec. 15). India, Japan ...
