India is facing an economic and political crisis. From being a potential ‘breakout nation’ it is now in the doldrums, and near the bottom of the emerging markets’ list of countries that will break through their troubles. Many of India’s troubles are self-inflicted, but some are part of the global sweep of economic events. Which part of India’s broken economy is its own problem, which is part of emerging markets problems? Where in the development curve are other similar emerging markets and where is India in comparison? How, and at what point, can India join their growth and development trajectory?
On August 27, Gateway House hosted Ruchir Sharma, Head of Emerging Markets and Global Macro, Morgan Stanley Investment Management, at a round-table meeting to discuss ‘India: Breakout or Breakdown Nation?‘
Ruchir Sharma is Head, Emerging Markets and Global Macro, Morgan Stanley Investment, Management, and the author of Breakout Nations: In Pursuit of the Next Economic Miracles.
Gateway House meetings are for members and special invitees only, and they are off-the-record and not-for-attribution. If you are interested in becoming a member, click here for more details.