Скачать или смотреть China and India: economic fall and rise? (17 October 2023)

The global economic centre of gravity has moved to Asia and by mid-century it seems very plausible to assume that China and India will be the world’s dominant economic powers, by size at least, alongside the USA. It has long been assumed that China would emerge is the dominant economy; though projections are being rapidly revised downward in the face of serious structural weaknesses.

China faces, in particular, a demographic constraint with a shrinking labour force. By contrast, the Indian economy is said to enjoy a ‘demographic dividend and is now widely expected to grow more rapidly for the foreseeable future. Inevitably commentators dramatise trends and the talk of ‘Peak China’ and the 'Indian Century’ may be exaggerated or simply wrong. This event looks at the evidence of this reappraisal and focus in particular on the demographic contribution to economic growth.

More about our speakers and chair

Vince Cable (@vincecable) is Professor in Practice at the School of Public Policy at LSE. He was UK Secretary of State for Business Innovation and Skills and President of the Board of Trade (2010-2015). He was Leader of the Liberal Democrats from 2017-19. He served for 20 years as MP for Twickenham and retired in 2019.

Keyu Jin (@KeyuJin) is an associate professor at the Department of Economics, LSE. Her research focuses on international macroeconomics and the Chinese economy. She previously sat on the editorial board for The Review of Economic Studies, and is currently a non-executive director of Richemont Group and Credit Suisse.

Rathin Roy (@EmergingRoy) is Managing Director. of the Overseas Development Institute. His policy interests and research has mainly focused on fiscal and macroeconomic issues pertinent to human development in developing and emerging economies. He was formerly the Director and CEO of the National Institute of Public Finance and Policy (NIPFP) in New Delhi.

Alexander Evans (@aiaevans) is Professor in Practice of Public Policy at LSE whose career in diplomacy included being Director Cyber at the Foreign Office where he was the U.K.’s chief international cyber policy negotiator.