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DATE AND TIME June 1, 2011  4 – 6 PM EDT LOCATION 1st floor/Wintergarden FEATURING Featuring Swaminathan Aiyar, Research Fellow, Center for Global Liberty and Prosperity, Cato Institute; Surjit Bhalla, Managing Director, Oxus Research and Investments; and Arvind Panagariya, Jagdish Bhagwati Professor of Indian Political Economy, Columbia University; moderated by Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute. […]

The world’s largest democracy, India, is an emerging economic giant. Reforms that began in the late 1980s and accelerated in the 1990s have led to high growth and have reduced poverty by one third. Professor Panagariya will discuss changes in Indian society that favor continued rapid growth. He will also explain why India should avoid

Indian society is being transformed by the decline of the centralized bureaucratic state and the emergence of a market economy. Gurcharan Das will describe how sustained high growth rates are leading to the dramatic rise of the Indian middle class, the breakdown of the caste system, changing attitudes toward entrepreneurship, and a new political dynamic. According to