Text of the Speech of the Union Finance Minister on “The Rise of the East: Implications for the Global Economy” Delivered at Harvard University

Text of the Speech of the Union Finance Minister on “The Rise of the East: Implications for the Global Economy” Delivered at Harvard University https://www.taxtmi.com/news?id=7060 The speech explains the shift of global economic weight to China and India, stressing demographic drivers and the need for a global rebalancing in which industrial countries save more and emerging markets invest and spend more. It outlines corporate adjustments-product redesign, relocation of decision-making, frugal engineering-and the demand for long-term patient capital for infrastructure. It emphasises inclusive growth, environmental constraints requiring cooperation, and the need to reform multilateral governance to reflect new economic realities. en-us Wed, 17 Apr 2013 15:49:02 +0530 Wed, 17 Apr 2013 15:51:00 +0530 TaxTMI RSS Generator Text of the Speech of the Union Finance Minister on “The Rise of the East: Implications for the Global Economy” Delivered at Harvard University https://www.taxtmi.com/news?id=7060 The speech explains the shift of global economic weight to China and India, stressing demographic drivers and the need for a global rebalancing in which industrial countries save more and emerging markets invest and spend more. It outlines corporate adjustments-product redesign, relocation of decision-making, frugal engineering-and the demand for long-term patient capital for infrastructure. It emphasises inclusive growth, environmental constraints requiring cooperation, and the need to reform multilateral governance to reflect new economic realities. News - Wed, 17 Apr 2013 15:49:02 +0530 https://www.taxtmi.com/news?id=7060