THE NEW WORLD ECONOMIC ORDER
The BRIC economies are re-arranging the world economic order, and that will form the new geo-political order. How will these forces reshape the future? What is the potential of these markets - visible and hidden? How are global corporations looking at the fast emerging economies? What can India offer to the world?
Any which way you look at it, the world has transformed dramatically. 'Services' has taken over from 'manufacturing' as the flagship of the economy; low cost supply sources are now also the emerging markets; workers in the developed world are losing their jobs to back office operators in the developing world; poverty-stricken third world nations are also the centres for cutting edge technology research... clearly, policy makers today cannot follow the beaten path and have the unenviable task of looking for novel ways to cater to the new world economic order.
As he inaugurates the Summit, listen to Hon’ble Shri Kamal Nath, Minister for Commerce & Industry, Government of India, who has been at the forefront of the opening up of the Indian economy as well as the WTO, and get insights on how to negotiate this new economic reality.