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SDMIMD organized a two day International Conference on Global Economic Growth and Sustainability: Challenges & Prospects on November 20-21, 2015. The Conference was inaugurated by Dr. Stephen ARO-GORDON, Professor & Head, Financial Mathematics, Baze University, Nigeria. Dr. Stephen, in his inaugural address emphasized the need for sustainable development through microfinance initiatives. He suggested that ‘wealth of nations’ would need to be complimented by ‘health of nation’ if the growth has to sustain in the long run. Mr. Francis Kurian, Asst. Vice President, Navia Markets Ltd (Trade Plus), Chennai, delivered the keynote address during the inaugural session. Mr. Kurian highlighted the role of capital markets in spearheading the economic growth. He emphasized that with the merger of Forward Markets Commission (FMC) with SEBI, opportunities for investment commodity markets have opened up exponentially. The conference was attended by 244 delegates from across the world including countries such as Bangladesh, Nigeria, Iran, Philippines and Botswana and more than 160 research papers were presented and deliberated across the two days. Dr. Md. Shah Alam, Professor, Rajshashi University, in his technical speech on “Inclusive Growth for sustainable development: Bangladesh Perspective” suggested three key measures for sustainable growth of Bangladesh. They are: targeted efforts to reach the most vulnerable people, policies for climate change and environmental degradation and gender inequality should be addressed. Dr.M.Indira, Professor-Economics University of Mysore delivered invited speech on the theme of “Economic growth, climate change and sustainability”. She explained the kuznet’s curve and the tradeoff between economic growth and environment. She substantiated the rationale for government intervention and role of public policies which can make growth and climate objectives mutually reinforcing. Mr. ShekarViswanathan, Vice Chairman and Whole-time Director, Toyota Kirloskar Motor Ltd, in his special address , believes that China has been the torch bearer of world’s economic growth. He emphasised on plans for achieving economic development without depleting resources for future generations. Dr. B.S . Suran, Managing Director, NABARD Financial Services Ltd was the other prominent speaker. While speaking on “Financial Inclusion: Enabling Inclusive Growth” laid down the requirements for harnessing inclusive growth. For him small amounts of disbursement, conveniently located outlets and trustworthy/ secure institutions are keys of growth and they are provided by the Microfinance Institutions. Mr. Ajay Nanavati, Former Managing Director of 3M India and President, Grey Gurus Management Advisors, delivered valedictory address. His talk emphasised on his learning experience during his stint with 3M India. Management students had a lot of takeaways from his speech for possible adoption in their professional life. Dr. K.S. MadhavaRao, Professor, Botswana University was the distinguished speaker for the valedictory session and spoke on the theme of Global Economic Volatility in the Context of Region Specific Crisis”. |
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International Economics Conference 2015
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