Round Table Discussion on Economy

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Noting apprehensions of another round of recession in global economy being triggered by China’s economic slowdown, the VIF organised a discussion led by three leading economists on the state of India’s economy.

With Dr Vaidyanathan, Professor of Finance, Indian Institute of Management (IIM) Bangalore, presenting an overview of the global economic scenario, Dr V Aanatha Nageswaran, former Investment-Banker, compared two major Asian economies, China and India, on some of the major matrices. Mr Neelkanth Mishra, India Equity Strategist, Credit Suisse, then focused on the health of India’s economy. The overall impression was that India’s economy is largely insulated from external tribulations. It was also hinted that the emerging economic crisis was really an Anglo-Saxon one rather a global one. India’s engine of growth largely being its domestic demand, de-coupling from the Anglo-Saxon economy might promise for faster growth in the times ahead.