China and India: Sustaining High Quality Growth
New Delhi, India, March 19 - 20, 2012
Focus
The conference will provide an opportunity to discuss China's and India's growth successes among policymakers, practitioners, and academics. It will focus on areas that are viewed as key to sustaining high quality growth over the medium term. It will include a discussion of development paths, financial sector reforms, ways to cope with bouts of global financial instability, inclusiveness, and taxation.
Monday, March 19
| 8:00-8:30 | Registration |
| 8:45–9:00 | Opening Remarks: Isher Judge Ahluwalia, Chairperson, Board of Governors, ICRIER Anoop Singh, Director, Asia and Pacific Department (APD), IMF |
| 9:00–9:30 | Keynote Remarks: Du Jinfu, Deputy Governor, PBC B.K. Chaturvedi, Member Planning Commission India, and Deputy Leader of Indian delegation on the India China Strategic Economic Dialogue |
| 9:30– 11:00 |
SESSION 1 – The Unfinished Agenda of Financial Sector Reforms Financial sectors have evolved rapidly over the past several years in China and India, and is an area for continued reforms in both countries. However, challenges remain, especially in broadening and deepening access to formal financial system. Further, in light of the financial crisis, increasing attention needs to be paid to systemic risks and interconnectedness of markets...  More |
| 11:00– 11:15 |
Coffee Break |
| 11:15 – 12:45 |
SESSION 2 – Development Paths Both China and India have witnessed rapid growth. However, they have taken different routes. While China has followed a more traditional manufacturing led growth strategy, India’s growth has been driven by the services sector... More |
| 12:45– 13:00 |
Remarks: Arvind Virmani, Executive Director for India, IMF |
| 13:00– 14:00 |
Lunch |
| 14:15– 15:45 |
SESSION 3 – Ensuring that the Benefits of Growth are Shared Broadly Higher growth has been seen as the only way out of poverty and income inequality in the emerging economies. Experience shows, however, that higher growth does not automatically translate into lower inequality and substantial progress on social indicators... More |
| 15:45– 16:00 |
Tea Break |
| 16:00– 17:30 |
SESSION 4 – Securing Fiscal Resources for Development Expenditures Going forward, raising fiscal resources efficiently will be important for sustaining and furthering growth. Tax reforms in India have yielded results; however, there is still ample scope for simplifying and unifying the tax structure, and for improving the efficiency of tax collection... More |
Tuesday, March 20
| 9:00– 10:30 |
SESSION 5 – Coping with Global Financial Instability Both, China and India, have become more integrated globally over time. Preventing economic disruptions and sustaining growth in the face of growing uncertainties in the US and the EU is going to be a key challenge for these countries... More |
| 10:30– 10:45 |
Coffee Break |
| 10:45– 11:45 |
Round Table Discussion: Ensuring Strong Growth in the Post-Crisis Global Economy Moderator: Vikram Chandra, NDTV Discussants:
|
| 12:30– 14:00 |
Lunch |