Macro Economy

India and China Rising: Issues and Impact on the Global Economy

Program Overview

Macro Economy Research Conference
6-7 December 2006
Hotel Okura, Tokyo

Program

Wednesday, December 6

Welcome:
Junichi Ujiie, Tokyo Club Foundation for Global Studies and Nomura Holdings
Session 1: Emerging India
Moderator: Arvind Panagariya, Columbia University
Comments: Barry Bosworth, The Brookings Institution

India's Growth: Past Performance and Future Prospects
Shankar Acharya, ICRIER

An Analysis of the Financial Sector Reforms in India and the Challenges Ahead
R. Gurumurthy, Institute for Indian Economics Studies, Waseda University

TSacred Cows on the Road to Development: Reforming India's Infrastructure Sectors
Stephen Thomsen, Chatham House

Session 2: Emerging China
Moderator:Barry Bosworth, The Brookings Institution
Comments: FAN Gang, National Economics Research Institute, China Reform Foundation

How to Achieve the Goals of the 11th Five Year Plan through Reforms in China
ZHANG Yongsheng, Development Research Center of the State Council

Strategy for Financing Development: Policies, Issues, and Prospects
BA Shusong, Development Research Center

Is China Becoming a High-tech Superpower? The Contrasted Picture of China's Scientific and Technological Capabilities
Frederique Sachwald, IFRI

The Real Challenges to China's High Growth: Think Out of the Box or Risk Being Buried in It

Thursday, December 7

Session 3: The Tortoise and the Hare: India and China in the Global Economy
Moderator: Eisuke Sakakibara, Institute of Indian Economic Studies, Waseda University

Accounting for Growth: Comparing China and India
Barry Bosworth, The Brookings Institution
Susan M. Collins, The Brookings Institution and Georgetown University

Comments: FAN Gang, National Economic Research Institute, China Reform Foundation

India and China: Past Trade Liberalization and Future Challenges
Arvind Panagariya, Columbia University

Comments: C-H Kwan, Nomura Institute of Capital Markets Research

China and India in the Changing Global Economic Order
Paola Subacchi, Chatham House

Comments: Shankar Acharya, ICRIER