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China’s New Silk Road

Written by IIEP
Monday April 17th, 2017
12:15 – 1:30 PM
Elliott School of International Affairs
1957 E Street, NW
Lindner Commons, 6th Floor

 

The Institute for International Economic Policy and the Sigur Center for Asian Studies will be co-hosting “China’s New Silk Road Strategy and India’s Options: Competitive Cooperation?” with Visiting Scholar Ajay Chhibber.

India and China have a competitive yet cooperative relationship. India has not signed on to the OBOR strategy as it has concerns over some aspects of it – especially the China Pakistan Economic Corridor and the Maritime Silk Road and has proposed its own “Spice Route “ or SAGAR project with India at the centre of Indian Ocean relations. Nevertheless India has joined the new financial institutions the NDB, and the AIIB (as its second largest shareholder after China). These new banks are a potential source of long term infrastructure finance for India, however small in magnitude. China and India have growing but yet somewhat unbalanced economic linkages – with a large trade deficit in favour of China. In this seminar Chhibber attempts to discuss India’s options to collaborate with China at the event of the formation of new financial institutions and how should India engage with China’s new Silk Road strategy.

ajaychhibberDr Ajay Chhibber is Visiting Distinguished Professor at the National Institute for Public Finance and Policy and Visiting Scholar at Institute for International Economic Policy at the George Washington University. He was India’s first Director General of Independent Evaluation with the status of Minister of State. He served as UN Assistant Secretary-General in New York and in senior positions at the World Bank,managing its programs in Vietnam and Turkey and in Indonesia and the Pacific. He was the lead author of the 1997 World Development Report on the Role of the State. He has a Ph.D from Stanford University, a Masters from the Delhi School of Economics and advanced management programs at Harvard University and at INSEAD, France.

About the author

IIEP

The Institute for International Economic Policy (IIEP), which is located within the Elliott School of International Affairs, serves as a catalyst for high quality, multi-disciplinary, and non-partisan research on policy issues surrounding economic globalization. The Institute research program helps develop effective policy options and academic analysis in a time of growing controversies about international economic integration in many countries around the world. The institute's work also encompasses policy responses for those who face continued poverty and financial crises despite worldwide economic growth. Affiliated faculty have appointments in the departments of economics, history, and political science as well as the law and business schools.