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How can Asia bounce back from the economic crisis faster, and more soundly redirect its fiscal and monetary policies? The aftershocks of the collapse of the greatest global credit Ponzi scheme of all time remain highly deflationary, yet over here in Asia, where balance sheets are in far ruder health, the inheritance of the West's emergency monetary settings is highly inflationary. The region has to do more than just talk about domestic demand reorientation and junk its mercantilist addictions, but is it willing or capable of doing so? Dr. Simon Ogus is the founder and CEO of DSGAsia Limited, an independent consultancy, based in Hong Kong. DSGAsia offers analysis of the economies and politics of Asia, and works with a variety of multinational and regional entities in the financial, non-financial and governmental spheres. From 1994 to 1999, Simon was Managing Director and Chief Economist for Asia at Swiss Bank Corporation (subsequently SBC Warburg and then UBS), Hong Kong. He also held the position of Adjunct Professor of Economics and Finance at the City University of Hong Kong. Simon currently serves on the board of a number of companies and official bodies, including the Council of Advisers for the Hong Kong Monetary Authority’s Hong Kong Institute for Monetary Research.
During his time at the helm of SBC/UBS, Simon was responsible for developing and spearheading the bank’s macroeconomic research product for the region including Japan, Non-Japan Asia and Australasia. He is generally recognised as one of the few analysts who accurately predicted both the Asian and the more recent global economic and financial crisis, and during his time on the sell-side he was consistently voted as one of the top ranked macro analysts in the region across a range of industry surveys.
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