Global Investing Amidst External Imbalances: The Outlook on India

Societe General Cross Asset Research publishes a Special Report titled ‘How to survive the balance of payments crisis,’ and proposes investment strategies based on the analysis of external imbalances in 25 developed and 23 emerging countries. This article looks at India.

External imbalances

SocGen place special emphasis on external imbalances, saying they have “huge market implications.” Balance of payments dynamics played a huge role in the Eurozone debt crisis and in the turmoil unleashed in the emerging markets after the Fed’s hint to taper off QE3.

SocGen...