REVIVING THE GROWTH ENGINES FOR MAJOR EMERGING MARKETS

REVIVING THE GROWTH ENGINES FOR MAJOR EMERGING MARKETS

23 May, 11:45–13:00

The world’s major emerging economic powers each face significant and unique restructuring issues in order to spur the next generation of sustainable growth. Which economies are best positioned to take the necessary, even if difficult, adjustments to restore higher growth over the coming year to eighteen months, and what impact might this have on investor and business strategies?









Key moments

“After the last global crisis, it was the developing economies that originally drove the recovery of the global economy. Now we are seeing signs that Western countries will once again be the growth engines of the global economy for the next few years”.
Ding Xuedong
“We need to pursue a well-thought-out, stringent budgetary and monetary policy, avoiding the mistakes made by other developing countries, who are now having to take unpopular steps to correct them. There’s no need to make bad decisions now only to have to fight them in the future”.
Anton Siluanov
“The Russian and Chinese economies are highly complementary. We are long-term economic partners, and as a long-term investor, we pay attention to Russia’s potential. And that’s why we continue to invest in Russia”.
Ding Xuedong
“Business is motivated by profit. If there’s money to be made in Russia, which there is, then the capital will flow in no matter what. We need to create an environment in which Western investors […] want to be here because they can see that Russia is ripe for business and there is money to be made”.
Anton Siluanov