Real-time, stream-of-consciousness insights on financial markets, economics, policy, housing, politics, and anything else that captures my interest. Tweet @cjoye
The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."
Saturday, September 18, 2010
It's the fourth largest economy in the world and our third largest trading partner...
Services also dominate this economy. What is it? India. The RBA has published a very nice little primer on the Indian economy, which was prepared by Adam Cagliarini and Mark Baker. Cagliarini, in particular, is meant to be a sharp fella. I would recommend you read it here.