The South Asian Bureau of Economic Research (SABER) builds on the success of the East Asian Bureau of Economic Research (EABER) in creating a forum for high-quality economic research focusing on issues facing the economies of South Asia and economic interaction between South and East Asia. It comprises representatives from Bangladesh, India, Nepal, Pakistan, Sri Lanka and Australia. The rapid development of the South Asian economies, the growth of regional and intra-regional trade, financial and other economic interaction, and South Asia's increasing role in the global economy all underline the need for access to a vastly increased range of quality economic analysis on South Asia. SABER, like EABER, is a portal for research on South Asian Economics and houses a collection of research papers from all its member institutes available in the categories at the top of this page. For more information on SABER funding, support and purpose, see About SABER.

EABER-SABER Newsletter

November, 2016
Masahiko Takeda
Economics is imprecise, and so are predictions made by economists. In the early 2000s, renowned economists argued that the so-called ‘US twin deficits’ were unsustainable, and predicted that a crisis accompanying a free fall of the US dollar was imminent. In the end, a major crisis did originate from the United States in 2008. But it was not a balance of payments or fiscal crisis, and in its aftermath, we saw a sharp appreciation of the dollar.
Masahiko Takeda is Professor of Applied Economics at the Graduate School of Economics, Hitotsubashi University.
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