In the aftermath of the Great Recession, the recovering global trade is assuming new characteristics. Asian economies have been deeply impacted by these new trends, although this impact may have been masked by superficial factors. In this talk, we examine the changes in global economy precipitated by the post-2008 recovery and analyse their effect on emerging markets, particularly India.
Jahangir Aziz is the Head of EM Asia Economic Research at J.P. Morgan. He joined the firm in late 2008 as the India Chief Economist. Prior to joining J.P. Morgan, Aziz was Principal Economic Advisor in India’s Ministry of Finance. He has also worked at the IMF, where he headed the China division from 2004 to 2007. He holds a PhD from University of Minnesota. He appears regularly in TV and print media and has been interviewed by CNBC, Bloomberg and BBC on India and ASEAN. He writes opinion pieces for several Indian newspapers and business journals and is regularly quoted by the Financial Times and Wall Street Journal on India and Asia specific issues. Aziz has also authored several academic research papers on China, India, the determinants of financial crisis, and real business cycles. He is the co-editor of “China and India Learning from Each Other: Reforms and Policies for Sustained Growth,” IMF, Washington DC, 2007. He is also one of the few Asian economists to be invited by The Economist as a guest to debate global issues on the journal’s online forum “Economics by Invitation.”