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The Elephant Stumbles? Are India's trade policies hurting its growth prospects?

Georgetown University McDonough School of Business

Wednesday, June 26, 2013 at 12:00 PM (EDT)

Washington, DC

The Elephant Stumbles? Are India's trade policies...

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The Georgetown Center for Business and Public Policy invites you to
 
The Elephant Stumbles?
Are India's trade policies hurting its growth prospects?
a Georgetown on the Hill event
 
featuring:
Swaminathan Aiyar, Research Fellow, Cato Institute 
Rob Atkinson, President, Information Technology and Innovation Foundation
Rick Rossow, Director for South Asia, McLarty Associates
J. Bradford Jensen, Professor, Georgetown University
Chris Moore, Senior Director for International Business Policy, National Association of Manufacturers (NAM)
Moderator: Bob Vastine, Senior Industry Fellow, the Georgetown Center for Business and Public Policy

After decades of fast growth stemming from liberalization in the early '90's, India's economy has slowed from a 10 year average of about 8% to 5%. Its trade deficit has ballooned to $191 billion. The value of the rupee has tumbled, and foreign investment has fallen 40%. 
 
Struggling to inject new life into its manufacturing sector and create jobs, India has adopted protectionist policies that require foreign firms to source inputs locally. At the same time it is blocking a consensus in the WTO to make ports more efficient, and refuses to participate in the international services agreement (TISA) being negotiated by countries representing more than three quarters of world trade in services.
 
What is the role of open trade and investment policies in spurring renewal of its economic growth? 

Lunch will be served.

This seminar series is designed to comply with all House and Senate rules for a widely attended event.

Follow the discussion on Twitter, #gcbpptrade 


 

This is the seventh event in the Series that focuses on trade policy. Prior trade focused events include:

Foreign Investment, Is it Good for America?, April 2013

Europe/US Trade Deal: Promise and Reality, March 2013

Can the U.S. Negotiate a High Standard Trans-Pacific Partnership?, February 2013

U.S. Trade Policy: Where We've Been and Where We're Going, January 2013

Challenge to the Net: What Happened in Dubai?, December 2012

Trade, Jobs and the Digital Economy, October 2012

Have questions about The Elephant Stumbles? Are India's trade policies hurting its growth prospects?? Contact Georgetown University McDonough School of Business

When & Where


Rayburn House Office Building
Room B-318
Washington, DC

Wednesday, June 26, 2013 at 12:00 PM (EDT)


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