The Complex Puzzle of Growth in India and China

The discourse on India and China is often seen analysed through different lenses: the democracy versus development lens – we tend to highlight the differences between these two countries in their political systems, economic structures and the different outcomes that we have seen based on these differences. The flip side is to look at what these countries have in common –over 1 billion people, rapidly developing economies, and even a territorial border.

Whether you look at it as an economic race or a political headlock, there are several directions that this debate can take. One approach that is arguably underrepresented in the media’s portrayal of the two big economic powers or political players is how similar these countries have are in terms of their historical circumstances. Both are ancient civilisations, with rich histories and a millennia of culture, knowledge and tradition and ultimately face a common and unique predicament while pursuing economic growth: The challenge of embracing modernity while preserving tradition.

It’s a complex puzzle of growth that two of the world’s most populous nation-states, two of the world’s most ancient civilisations, today pitched as the next big powers face. At SAPAC it’s the topic of our next roundtable, the first of many more to come this semester.

The discussion will be led by Professor Partha Ghosh, a Professor of Practice at the Gordon Institute and teaches at the Fletcher School. Partha Ghosh is a renowned Management Consultant and Policy Advisor with an extensive record of solving strategic, operational and complex organizational issues in technology-based industries. He is currently in an advisory role with multiple organizations worldwide, and runs his own boutique advisory firm Partha S. Ghosh & Associates focused on policy and strategic issues. Previously, Ghosh was a partner at McKinsey & Company. He holds Master’s Degrees in Chemical Engineering from MIT and a Business Administration from the Harvard Business School. Ghosh was a Rotary Foundation Fellow. He earned his Bachelor of Technology in Chemical Engineering with honors at the Indian Institute of Technology (IIT) in Kharagpur, India.