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New Delhi, India, March 19 - 20, 2012

China and India: Sustaining High Quality Growth

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.

Program

Monday, March 19

8:00-8:30 Registration
8:45–9:00 Opening Remarks:

Webcast webcast

Isher Judge Ahluwalia, Chairperson, Board of Governors, ICRIER
Anoop Singh, Director, Asia and Pacific Department (APD), IMF
9:00–9:30 Keynote Remarks:

Webcast webcast

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

Webcast webcast

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...
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11:00–
11:15
Coffee Break
11:15 –
12:45
SESSION 2 – Development Paths

Webcast webcast

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...
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12:45–
13:00
Remarks:

Webcast webcast

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

Webcast webcast

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...
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15:45–
16:00
Tea Break
16:00–
17:30
SESSION 4 – Securing Fiscal Resources for Development Expenditures

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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...
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Tuesday, March 20

9:00–
10:30
SESSION 5 – Coping with Global Financial Instability

Webcast webcast

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...
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10:30–
10:45
Coffee Break
10:45–
11:45
Round Table Discussion: Ensuring Strong Growth in the Post-Crisis Global Economy

Webcast webcast

Moderator: Vikram Chandra, NDTV

Discussants:

  • - Hon. Anand Sharma , Minister of Commerce & Industry
  • - Zhou Qiren, Dean, National School of Development, Peking University
  • - Ms. Chanda Kochhar, Managing Director, ICICI
  • - Ms. Christine Lagarde, Managing Director, IMF
  • - Bai Chong-En, Mansfield Freeman Chair Professor and Associate Dean, School of Economics and Management, Tsinghua University
12:30–
14:00
Lunch

Event Details

China and India: Sustaining High Quality Growth

Venue:
The Viceregal conference room
The Claridges Hotel
12 Aurangzeb Road
New Delhi, India - 110011

Date: March 19 - 20, 2012

Agenda

Contacts:
Gita Bhatt
Sanjaya Panth


India: The Road Ahead

IMF Outlook for China