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Over the last 70 years, there has been a delicate balance between international politics and economics due to the democratic dividend post-World War II. This has periodically provided breathing space to developing economies in economic conflicts with the developed world, particularly in global trade and WTO negotiations. The breakup of the Soviet Union by 1990s implied an end to this cold war. Subsequently, there seems to be no consensus on who will emerge as the second pole in a seemingly multipolar world, where the democratic dividend plays a limited role in the economic sphere. Fortunately, from the point of view of developing countries, the democratic dividend is now being replaced by a demographic dividend. Yet economic theory has no analytical explanation for the importance of the demographic dividend at this point of time, though empirical economists use the term freely. In this presentation the author explores the underlying analytics of this new empirical phenomenon in the field of geopolitics.
About the Speaker
Manoj Pant graduated from St. Stephen’s College and completed his masters from the Delhi School of Economics, University of Delhi. He obtained his doctoral degree from the Southern Methodist University, Dallas, Texas, USA. He is currently a Visiting Professor at the Dept. of Economics, Shiv Nadar University. Prof. Pant has about 40 publications in international refereed journals and has also authored four books. Prof. Pant writes extensively on Economic Policy issues in, The Economic Times, Financial Express and Mint Business. His fields of interest are International Trade Theory, Foreign Investment, Competition Policy, and the WTO.
About the Chair
Sanjaya Baru is Founder-Trustee, Forum for National Security Studies, India and Distinguished Fellow, United Services Institution of India and Centre for Air Power Studies. He has been editor of India's major financial newspapers and was Media Advisor to Prime Minister Manmohan Singh (2004-09). He was a member of India’s National Security Advisory Board (1999-2001); Director for Geo-economics and Strategy, International Institute of Strategic Studies, London (2011-16); Secretary-General, Federation of Indian Chambers of Commerce & Industry (2017-18) and a Visiting Professor, Lee Kuan Yew School of Public Policy, Singapore. He was also member India-ASEAN Eminent Persons Group, 2010. He is an Independent Director on the board of Wockhardt Ltd. His recent publications include The New Cold War: Henry Kissinger and the Rise of China, (HarperCollins, 2021); Journey of a Nation: 75 Years of the Economy (2022). He has also edited a collection of essays titled The Importance of Shinzo Abe: Japan, India and the Indo-Pacific, with a Foreword by Foreign Minister S Jaishankar, (HarperCollins, 2023)
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