Standard Chartered’s Samiran to share outlook on economy next week

Friday, 5 December 2014 00:52 - - {{hitsCtrl.values.hits}}

Standard Chartered’s Managing Director and Head of South Asia Macro Research Samiran Chakraborty will deliver the keynote address at the LBR LBO Debrief Economic Outlook 2015 on 9 December at the Oak Room, Cinnamon Grand. Samiran will critically examine the outlook of the world economy, and the state of play of key economies in the year 2015. The LBR LBO event is a highlight of the annual corporate calendar and this year’s session promises some excellent insights invaluable in a world of increasing economic interconnections and integration. Chakraborty, commenting on the event, said: “The fortunes of the Sri Lankan economy during the next 12 months will be closely linked to that of the global economy as well as to the economic policy and the impact of the budget proposals. Whilst continuing to exploit opportunities in traditional markets, Sri Lanka must also turn to the Orient for future growth prospects, as the bulk of world GDP growth is expected to come from the Pacific Rim and India.” In introductory literature, he added that the IMF expects the world economy to grow at 3.8% in 2015, but that growth is expected to be uneven and still weak overall and to remain susceptible to many down-side risks. Over the medium term, protracted weak demand in advanced economies could result in lower growth everywhere (‘Legacies, Clouds, Uncertainties’ – IMF World Economic Outlook 2014). Adding that no business executive can afford not to have a finger on the pulse of the economy, he pointed out that the Chinese economy is also likely to shift gears in coming years. Samiran has overseen Standard Chartered’s research team in South Asia as the Head of South Asia Macro Research for close to five years. Samiran’s expertise lies in analysing macro fundamentals of the Indian economy and an in-depth knowledge of Indian financial markets. He regularly makes media appearances on business channels such as CNBC, Bloomberg, BBC and NDTV Profit and contributes to leading dailies on matters relating to economic policy issues. Samiran sits in CII’s Economic Affairs Sub-Committee and the Indian Banks Association’s Monetary Policy Review Committee. He has been adjudged as the Top Economist in India by the Asset Magazine for three consecutive years. Samiran’s Doctoral Research from Delhi School of Economics was on the subject of Financial Liberalisation and Economic Development.