IMF Book Forum

India's and China's Recent Experience with Reform and Growth

Edited by Wanda Tseng & David Cowen

China and India already rank among the world's largest economies, and each is moving rapidly towards the center stage of the global economy. In this process different priorities have been placed on economic reforms in the past two decades - China taking a more outward strategy and India, until recently, a more inward one. Can they continue to rank among the fastest expanding economies? This volume addresses the issue, highlighting what has worked and what more needs to be done to ensure sustained rapid economic growth and poverty reduction. Addressing the two countries' recent experiences with growth and reform, this book forum provides important insight for other developing economies.

Moderator
Wanda Tseng
Asia and Pacific Department, IMF

Jerald Schiff
Asia and Pacific Department, IMF

Nicholas Lardy
Institute for International Economics

Arvind Panagariya
Columbia University

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Wanda Tseng
Wanda Tseng is Deputy Director in the Asia and Pacific Department of the International Monetary Fund (IMF). She has wide experience in Asia, having worked on the region for over 20 years, and has published papers on macroeconomic policy issues and financial Liberalization in Asian countries, economic reforms in China, and trade policy in industrial countries.

Jerald Schiff
Jerald Schiff is Assistant Director in the Asia and Pacific Department (APD) of the IMF and Division Chief for India, Sri Lanka, Nepal and Bhutan. Prior to joining APD he was the Division Chief in the European Department where he acted as Mission Chief for Bulgaria, and Deputy Division Chief in EU2, where he was Mission Chief for Latvia. Priori to joining the Fund Mr. Schiff was an Assistant Professor at Tulane University.

Nicholas Lardy
Nicholas R. Lardy is a senior fellow at the Institute for International Economics in Washington, DC. Lardy came to the Institute in March 2003 from the Brookings Institution, where he was a senior fellow in the Foreign Policy Studies Program from 1995 until 2003 and served as Interim Director of Foreign Policy Studies in 2001. Prior to his work at Brookings, he served at the University of Washington, where he was the director of the Henry M. Jackson School of International Studies from 1991-95. From 1997 through the spring of 2000, he was also the Frederick Frank Adjunct Professor of International Trade and Finance at the Yale University School of Management. He is an expert on Asia, especially the Chinese economy.

Arvind Panagariya
Arvind Panagariya is the Jagdish Bhagwati Professor of Indian Political Economy & Professor of Economics at Columbia University. In the past, he has been a Professor of Economics and Co-director, Center for International Economics, University of Maryland at College Park and the Chief Economist of the Asian Development Bank. He has also advised the World Bank, IMF, WTO, and UNCTAD in various capacities. He holds a Ph.D. degree in Economics from Princeton University.

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