“Restoring higher growth in Emerging Markets”
By alphabetical order, country of company/organization represented
CO – CHAIRS
Jamshyd N GodreJ, Chairman of the Board, Godrej & Boyce Manufacturing Company Limited and Chairman, Ananta Centre, India
Toshiyuki Shiga, Vice Chairman, Co-Chair of Asia/Middle East-Japan Relations Committee, Keizai Doyukai & Vice-Chairman of Nissan Motor Co. Ltd, Japan
N K Singh, Chairman, Steering Committee, The Growth Net; Senior Member, Bharatiya Janata Party (BJP) and Former Member of Parliament, Rajya Sabha, India
08:00 – Onwards
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Participants registration
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1A
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Sign up breakfastInflation, Interest Rates and Indian Monetary Policy – what’s in store?A discussion with:Urjit Patel, Deputy Governor, Reserve Bank of India (RBI), IndiaChaired by:Harshavardhan Neotia, Chairman, Ambuja Neotia Group, India
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1B
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Sign up breakfastWhen refusing to bribe your way to contract is good for business: What will stop corruption being “business as usual”Corruption ranks among the top obstacles to sound and sustainable economic performance, distorting business conditions and being a major source of social discontent. As the need for strong anti-corruption policies has become much better recognized in the last few years. Initiatives like the Anti-Bribery Convention of the OECD and the wide-range enforcement of the US Foreign
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09:30-10:00
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Tea break |
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10:00-11:15
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Opening plenary sessionThe Indian economy’s place in the worldChief Guest:Arun Jaitley, Minister of Finance, Government of IndiaNaushad Forbes, President Designate, Confederation of Indian Industry (CII) & Co-Chairman of Forbes Marshall, IndiaJamshyd N Godrej, Chairman of the Board, Godrej & Boyce Manufacturing Company Limited and Chairman, Ananta Centre, IndiaN K Singh, Senior Member, Bharatiya Janata Party (BJP) and Former Member of Parliament, Rajya Sabha, IndiaClaude Smadja, President, Smadja & Smadja Strategic Advisory, Switzerland
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11:30-12:45
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The new geography of trade: what will be the impact of the changing trading blocs for emerging countries?The key characteristic of the global trade scene has been the sprouting out of new regional trade blocs – the Trans-Pacific Partnership, the Atlantic Alliance, the negotiations on a Regional Comprehensive Economic Partnership in Asia, the ones on a Transatlantic Trade & Investment Partnership between the US and the EU, along with negotiations on FTAs between China and the US and China and the EU. At the same time, nobody believes anymore that a new global trade deal can be achieved after the failure of the Doha Round.
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13:00-14:30
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Plenary Luncheon (Hosted by the Ambuja Neotia Group)A riskier geopolitical environment and its impact on the global economyShashi Tharoor, Member of Parliament and Chairman of the Parliamentary Standing Committee on External Affairs, IndiaFrank Wisner, International Affairs Advisor, Squire Patton Boggs and former Ambassador of US to India, USAYaşar Yakış, Former Minister of Foreign Affairs and President, STRATİM, TurkeyChaired by:S K Lambah, Chairman, Ananta Aspen Centre and Former Special Envoy of the Prime Minister of IndiaWelcome note:Harshavardhan Neotia, Chairman, Ambuja Neotia Group, India
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14:45-16:00
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Leveraging ICT to leapfrog economic development: This is just the beginning…
• How the Internet of things is creating new businesses – and new business models?
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16:00-16:30
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Tea break |
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16:30-17:45
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Plenary SessionHow will the US Economy impact Emerging Markets in the coming period?Nelson Cunningham, President and Co-Founder, McLarty Associates, USAKenneth I. Juster, Managing Director, Global Public Policy and ESG, Warburg Pincus, USARakesh Mohan, Distinguished Fellow, Brookings India, IndiaNicholas Stern, IG Patel Chair of Economics and Government, London School Economics and Political Science, UKChaired by:Soumitra Dutta, Anne and Elmer Lindseth Dean and Professor of Management Samuel Curtis Johnson Graduate School of Management, Cornell University, USA
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7A
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Emerging Economies need much more infrastructure development: How to plug the capabilities gap?Investment in infrastructure has proven to be the most efficient economic and growth booster for emerging markets but the gap between needs and available resources keeps widening. A renewed priority on infrastructure investment would be a major factor in broadening the industrial sector and getting back to a higher growth pace.
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19:15-19:45
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Cocktails |
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19:45-21:30
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Opening Dinner (Hosted by Godrej & Boyce Manufacturing Company Limited)Keynote speaker:Tharman Shanmugaratnam, Deputy Prime Minister of SingaporeGuest of Honour:Piyush Goyal, Minister of State for Power, Coal and New & Renewable Energy, Government of IndiaWelcome by:Jamshyd Godrej, Chairman of the Board of Godrej & Boyce Manufacturing Company Limited and Chairman, Ananta Centre, IndiaVote of Thanks by:N K Singh, Chairman, Steering Committee, The Growth Net Summit, Senior Member, Bharatiya Janata Party (BJP) and former Member of Parliament, Rajya Sbha, IndiaLaunch of “ India – Singapore Commemorative Book” by: Tharman Shanmugaratnam and Piyush GoyalBook Introduction by the editors:Tan Tai Yong, Executive Vice President (Academic Affairs) Yale – NUS College, Member, Management Board, Institute of South Asian Studies (ISAS) National University of SingaporeA K Bhattacharya, Editor, Business Standard
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9A
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Sign up breakfastAddressing India’s challenge with tax predictabilityA discussion with:V Anandarajan, Joint Secretary, Tax Policy and Legislation, Central Board of Direct Taxes (CBDT), Ministry of Finance, Government of IndiaPragya S Saksena, Joint Secretary, Tax Policy and Legislation, Central Board of Direct Taxes (CBDT), Ministry of Finance, Government of IndiaChaired by:Stephen E. Biegun, Vice President, International Governmental Affairs, Ford Motor Company, USA
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9B
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Sign up breakfastFiguring out India’s Capital Market Regulations and PoliciesA discussion with:Ashish Kumar Chauhan, Managing Director and Chief Executive Officer, Bombay Stock Exchange (BSE), IndiaChaired by:Tarun Das, Founding Trustee, Ananta Centre and Former Chief Mentor, Confederation of Indian Industry (CII)
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09:45-11:00
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Plenary SessionHow could Japan play a bigger role in the expansion of emerging markets?Japanese companies are investing more and more in faster growing Emerging Market countries – especially but not only in ASEAN countries. How are Japanese corporations looking at their increasing involvement in a number of these Emerging Market countries? In what ways what happens with Abenomics will impact positively or negatively on prospects for this group of countries? How could/should Japan play a bigger role as a partner in the economic expansion of these countries?
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11:00-11:30
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Tea Break |
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11A
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Debate on the future of new growth countriesFrom exaggerated euphoria to exaggerated gloom: Assessing the fundamentals about Emerging Markets
• On which fundamentals can the most dynamic New Growth Countries rely to sustain growth?
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11B
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The emerging consuming middle class: Withstanding the cyclical challenges better than one could think…Despite the economic slowdown in almost all Emerging Market countries, an emerging middle class is increasingly making its presence and impact felt, and domestic consumption continues to grow at a respectable rate. Prospects for expanding consumption in almost every country remain quite promising, sustained by the rise of the middle class in these countries and expanding expectations.
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12:45-14:15
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Plenary Luncheon (Hosted by Ministry of Finance, Government of India)Doing what it takes to be on the winning side in the competition for FDI
• As most Emerging Markets – new growth – countries have experienced a decline of FDI in 2015 – with the exception of India, Indonesia and a few other countries – what would it take to reverse this trend?
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14:30-15:45
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Plenary sessionHow will ‘Digital India’ and ‘Make in India’ help meet India’s growth challenges?The “Make in India” initiative launched by PM Modi reflects the country’s priority need to enlarge its industrial base significantly, as a prerequisite to achieve higher growth and employment levels. At the same time, as the world gets into a new technology era, the Digital India Initiative is as crucial in improving governance and the people access to government services through the creation of a digital infrastructure, the expansion of digital literacy and the digital delivery of services.
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15:45-16:15
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Tea Break |
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16:15-17:30
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Plenary sessionWhat China slowdown and restructuring means for the world economy prospectsDevelopments in China since last summer have much contributed to creating concerns about growth prospects in the global economy and turmoil in financial and stock markets. While the impact of the deceleration of China’s growth rate on commodities prices and on the demand of certain categories of goods is now integrated, a number of crucial questions are coming to the fore as the Beijing government tries to steer the country towards new growth models:
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17:30-18:45
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Closing plenaryEnforcing the growth imperative: What governments and business have to do to make of high growth THE national priority
• The priority of strong productivity growth in fighting back a decline of the trend growth rate in many new growth countries.
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18:45-19:30
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Cocktails |
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19:30-21:00
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Closing Dinner (Hosted by Ministry of External Affairs, Government of India)Diplomacy for higher growthKeynote speaker:S Jaishankar, Foreign Secretary, Government of IndiaCo-Chairs:N K Singh, Chairman, Steering Committee, The Growth Net Summit; Senior Member, Bharatiya Janata Party (BJP) and Former Member of Parliament, Rajya Sabha, India
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