The Indian Economy in the Era of Financial Globalisation

Thursday 28 September 2006 - Friday 29 September 2006


The Franco-Indian Programme of the Maison des Sciences de l’Homme Foundation and EconomiX, a joint research unit from National Centre for Scientific Research (CNRS) and University of Paris-10 invite you to attend the Seminar :

{titre} to be held at the
Maison des Sciences de l'Homme
54, Boulevard Raspail
Paris 75006
28 and 29 September 2006
With the support of UFR Segmi (University of Paris 10)


28 September 2006

9.00-9.30. Welcome of the participants

  • Introduction by France Bhattacharaya (in charge of the Indo-French programme, Foundation Maison des Sciences de l’Homme)
  • Presentation by Jean-Luc Racine (CNRS, Center for the Study of India and South Asia, EHESS, and Foundation Maison des Sciences de l’Homme, Paris)

9.30-10.00. The Historical Evolution of the Indian Bourgeoisie: Some Questions and Reflections
Max-Jean Zins (CERI-Sciences-Po, Paris)

10.00-13.00. Session 1: The Indian Economy in the World Markets
Chair: Thierry Coville
10.00-10.30. India’s greater openness to the world market: A new position in the global division of labour?
Diana Hochraich (Ministry of Economy and Finances/EconomiX-University Paris X, Nanterre)

10.30-11.00. FDI and Globalisation in India
Françoise Hay (University of Rennes I)

11.00-11.20. Coffee Break

11.20. Session 1 (contd.)
Chair: Thierry Coville
11.20-11.50. International expansion by Indian firms,
What of European market entry?

Christian Milelli (CNRS/EconomiX-University Paris X, Nanterre)

11.50-12.20. Regional Trading Arrangements of India : Conceptual and Policy Issues
Ram Upendra Das (Research and Information System for Developing Countries, New Delhi)

12.20-12.40. Discussion of the 4 papers

12.40-13.00. Floor discussion

13.00-14.00. Lunch at the Maison des Sciences de l’Homme

14.00-18.00. Session 2: The Impact of Openness on the Indian Economy
Chair: Diana Hochraich
14.00-14.30. Comparative Advantage and Sustainable Economic Growth in India after 1991
Matthew McCartney (School of Oriental and African Studies/SOAS, University of London)

14.30-15.00. Stock Market Development, Capital Accumulation and Growth in India Since 1950
Prabirjit Sarkar (Jadavpur University, Kolkata)

15.00-15.30. Corporate Behaviour under Liberalized Finance : The Indian Experience
Prasenjit Bose (Independent researcher, New Delhi)

15.30-16.00. Financial Deregulation, Fiscal Balance and Corporate Investment in India In the Age of Financial Globalization
Byasdeb Dasgupta (University of Kalyani, West Bengal)

16.00-16.20. Tea Break

16.20-18.00. Session 2 (contd.)
Chair: Christian Milelli
16.20-16.50. Are there financial risks to strong growth?
Delphine Cavalier (Asia Country Risk Economist, BNP-Paribas, Paris)

16.50-17.20. Indian Reforms in the Manufacturing and Financial Sectors: Winners and Losers
Diana Hochraich (Ministry of Economy and Finances/EconomiX-University Paris X, Nanterre)

17.20-17.45. Discussion of the 6 papers

17.45-18.00. Floor discussion

18.00-19.00. Cocktail at the Maison des Sciences de l’Homme

19.45. Dinner. Departure from the Maison des Sciences de l’Homme

29 September 2006

10.00-12.45. Session 3: Agricultural and Labour Markets
Chair: Françoise Hay

10.00-10.30. Labour Market and Social Protection Before and After Reforms
Sandrine Rol (Economist, Centre d’Observation Economique, Chambre de Commerce et d’Industrie de Paris)

10.30-11.00. Labour under De-regulated Finance:Some Concerns for India
Sunanda Sen (Visiting Professor Academy of Third World Studies Jamia Millia Islamia New Delhi)

11.00-11.20. Coffee Break

11.20-12.45. Session 3 (contd.)

11.20-11.50. The Indian Agriculture in the Era of Globalisation
Gilbert Etienne (Institut Universitaire de Hautes Etudes Internationales, Genève et Institut Universitaire d’Etudes du Développement, Genève)

Chair: Françoise Hay
11.50-12.20. Trade Openness, Poverty and Inequality in India: Literature and Empirics at the Sub-National Level
Rongili Biswas (Bethune College, Kolkata) and Alice Sindzingre (CNRS, EconomiX-University Paris X, Nanterre)

11.50-12.20. Discussion of the 4 papers

13.00-13.30. Floor Discussion

13.30-14.30. Lunch at the Maison des Sciences de l’Homme

14.30-16.30. Round Table: The Prospects of the Indian Economy: Catching Up or Falling Behind?

Chair: Gilbert Etienne
Rongili Biswas, Pabirjit Bose, Diana Hochraich, Joël Ruet, Pierre Salama, Prabirjit Sarkar, Ram Upendra Das

16.30- 17.30. The Way Ahead

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