The Great Tech Game Podcast: Geopolitics, Technology, Business and Global Affairs, with Anirudh Suri

In this episode of the Great Tech Game Podcast, host Anirudh engages in an enlightening conversation with Professor Arvind Panagariya, chairman of the 16th Finance Commission of India and Professor of Indian Political Economy at Columbia University. They explore a wide array of topics including India's historical and current economic policy strategies, the role of technology and innovation, and the challenges and opportunities in India's trade policies. Professor Panagariya shares his extensive experience and insights on how India can leverage markets, enhance R&D, and navigate the complexities of global trade to ensure sustainable and inclusive economic growth. They delve into historical economic models, compare them with present-day policies, and discuss the impact of geopolitical dynamics on India's economy. The episode concludes with a discussion on the future of job creation in the age of rapid technological advancements.Show Notes:00:00 Introduction to the Great Tech Game Podcast03:30 Professor Panare's Academic and Professional Journey05:59 Evolution of Trade Theory and Policy11:07 Debates on Multilateralism vs. Bilateralism16:57 India's Economic Reforms and Policy Shifts21:54 Current Economic and Political Debates30:40 Impact of Geopolitics on Trade and Development38:16 India's Economic Model and Future Directions46:28 Industrial Policy Resurgence in the US47:14 Government's Role in India's Private Sector Growth48:05 Public Health and Education: Areas for Government Expansion50:25 Industrial Policy and India's Strategic Sectors56:15 Comparing Nehruvian and Modinomics Approaches01:03:04 Technology and Innovation: Past and Present01:18:38 Trade Policies and Global Market Dynamics01:23:17 The Benefits of Liberalizing Trade01:24:11 The Impact of Exchange Rates on Competitiveness01:25:30 Historical Perspectives on Trade and Protectionism01:27:23 Export Interests vs. Import Competing Interests01:29:33 Sectors with Export Potential01:34:24 Challenges in Services Exports01:44:24 Conclusion and Final ThoughtsBook Links:Anirudh Suri:The Great Tech Game by Anirudh Suri - https://amzn.eu/d/1Su38My Arvind Panagariya: The Nehru-Era Economic History and Thought & Their Lasting Impact: https://www.amazon.in/Nehru-era-Economic-History-Thought-Lasting/dp/019777461XIndia's Trade Policy: The 1990s and Beyond:https://www.amazon.in/Indias-Trade-Policy-1990s-Beyond/dp/9354899331India: The Emerging Giant: https://www.amazon.in/India-Emerging-Giant-Arvind-Panagariya/dp/0199751560Follow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin: https://www.linkedin.com/in/anirudhsuri/Instagram: https://www.instagram.com/anirudh_suriFacebook: https://www.facebook.com/AnirudhSuri.inWebsite: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/)#GreatTechGamePodcast #EconomicPolicy #IndianEconomy #GlobalTrade #TechAndInnovation #InclusiveGrowth #ArvindPanagariya #IndianPoliticalEconomy #FinanceCommission #ColumbiaUniversity #TradePolicy #EconomicReforms #Multilateralism #BilateralTrade #GlobalTradePolicy #IndianEconomicReforms #PolicyShifts #GeopoliticsAndTrade #SustainableGrowth #IndustrialPolicy #EconomicDevelopment #GovernmentAndMarkets #StrategicSectors #PublicHealth #EducationPolicy #GovernmentInvestment #NehruvianEconomics #Modinomics #HistoricalEconomics #EconomicComparisons

The podcast conversation of The Great Tech Game with Aniurdh Suri features Branco Milanovic, an expert on income inequality, discussing his work and global inequality trends.Milanovic's book, "Capitalism Alone," argues that capitalism is the only dominant economic system, with variations like liberal capitalism (US) and political capitalism (China). He also explores how socialist revolutions inadvertently paved the way for capitalism in some countries. His other book, "Visions of Inequality," looks at how influential economists have viewed inequality.Milanovic discusses how to measure inequality, noting that the Gini coefficient is a powerful tool. He explains that while inequality within most rich countries has increased, global inequality between people has decreased due to the rise of Asia. However, if Africa does not develop, this trend could reverse.Geopolitics and technology also play a role. The relationship between the US and China and the rise of Asia are reshaping the global landscape. New technologies, like AI, could increase inequality. India's influence is growing due to its non-aligned position and economic growth.In terms of policy, Milanovic notes that it is difficult to reduce inequality with government policy, though cash grant programs in Latin America are a potential example.Key takeaways:● Capitalism is the dominant system globally, with different variations.● While inequality within many countries is rising, global inequality has decreased.● Geopolitics, technology, and Africa's development will play a role in future inequality trends.● There's a disproportion between discussion and action on reducing inequality.Chapters00:00 Introduction to the Great Tech Game Podcast03:22 Branko's Career Journey08:48 Diving into Capitalism Alone22:17 Different Models of Capitalism25:49 Global Inequality Trends46:31 Skepticism About Consumption Data47:01 Income vs. Consumption in India48:57 Gender Inequality Trends51:05 Global Inequality Decline53:36 Rise of the Middle Class57:02 Africa's Population Growth and Global Impact01:01:44 Geopolitical Risks and Global Inequality01:14:14 Technology and Inequality01:21:27 Policy Measures to Reduce Inequality01:24:53 Conclusion and RecommendationsBook Links:Anirudh Suri:The Great Tech Game by Anirudh Suri - https://amzn.eu/d/1Su38My Branko Milanovic:Capitalism, Alone : The Future of the System That Rules the World : https://amzn.in/d/0jziPT1Visions of Inequality: From the French Revolution to the End of the Cold War: https://amzn.in/d/akDn6L6Global Inequality – A New Approach for the Age of Globalization: https://amzn.in/d/80DzQcJTHE HAVES AND THE HAVE-NOTS: https://amzn.in/d/cc4Co0uFollow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin:   / anirudhsuri  Instagram:   / anirudh_suri  Facebook:   / anirudhsuri.in  Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/)#TheGreatTechGame, #AnirudhSuri, #BrankoMilanovic, #IncomeInequality, #GlobalInequality, #CapitalismAlone, #VisionsOfInequality, #LiberalCapitalism, #PoliticalCapitalism, #USChinaRelations, #Geopolitics, #EconomicTrends, #InequalityMeasurement, #GiniCoefficient, #AsiaRising, #AfricanDevelopment, #GlobalEconomy, #SocialistRevolutions, #TechnologyAndInequality, #AIImpact, #IndiaEconomicGrowth, #NonAlignedPosition, #EconomicSystems, #PolicyChallenges, #CashGrants, #LatinAmerica, #GlobalTrends, #WealthDisparity, #EconomicInequality, #FutureOfCapitalism

In this episode of the Great Tech Game podcast, host Anirudh Suri engages in a comprehensive discussion with Ruchir Sharma, an author, fund manager and columnist for the Financial Times. Ruchir shares insights from his extensive career, spanning over 25 years at Morgan Stanley and his thought leadership in macroeconomics, geopolitics, and technology. Key topics include the shifting dynamics in global economies, particularly in emerging markets like India and Mexico, the impact of technological adoption on national success, and the evolving challenges and criticisms of modern capitalism. Ruchir also highlights the necessity for India to enhance its infrastructure, govern better, and embrace technology while balancing the role of government intervention.00:00 Key Highlights02:15 Introduction to the Episode 05:06 Ruchir Sharma's Journey and Early Influences09:48 Emerging Markets and Investment Insights24:19 Discussion on Capitalism and Successful Nations34:36 Geopolitical Shifts and Emerging Markets35:55 Revisiting Capitalism: A Historical Perspective39:16 The Future of US Economic Growth42:31 Emerging Markets in a Slowing Global Economy47:01 India's Economic Potential and Investment Opportunities53:46 Policy Recommendations for India's Growth01:01:46 Final Thoughts and RecommendationsBook Links:Anirudh Suri:The Great Tech Game by Anirudh Suri - https://amzn.eu/d/1Su38My Ruchir SharmaBreakout Nations - https://ruchirsharma.com/books/breakout-nations/The Rise and Fall of Nations - https://ruchirsharma.com/books/the-rise-and-fall-of-nations/Democracy on the Road - https://ruchirsharma.com/books/democracy-on-the-road/The Ten Rules of Successful Nations - https://ruchirsharma.com/books/the-10-rules-of-successful-nations/What went wrong with Capitalism - https://ruchirsharma.com/books/what-went-wrong-with-capitalism/Follow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin: https://www.linkedin.com/in/anirudhsuri/Instagram: https://www.instagram.com/anirudh_suriFacebook: https://www.facebook.com/AnirudhSuri.inWebsite: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) India growth, geopolitical risks, tech boom, emerging markets, Ruchi Sharma, Rockefeller International, Morgan Stanley, Indian democracy, China economic outlook, US debt, investor insights, global supply chains, Taiwan tech industry, Switzerland economic model, rise and fall of nations, debt management, AI boom, financial markets, India stock market, macroeconomic trends, public infrastructure, privatization in India, Vietnam economy, US growth forecast, competitive federalism, economic policy, tech investments, public platforms, creative destruction, Michael Pettis, Ruchir Sharma

Join us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.

Instead of controlling the economy directly, there's a tendency to control information about the economy. This is a dangerous path because it deprives households and firms of the information they need to make informed economic decisionsJoin us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.

Join us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.

Join us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.

Join us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.

Join us for an in-depth exploration of India's journey towards becoming a developed economy, featuring insights from Professor Indermit Gill, Chief Economist of the World Bank Group, and from our host Anirudh Suri. This episode delves into India's potential in technology, energy, and socioeconomic mobility. Discover the shifts in global economic consensus, the concept of the middle-income trap, and the role of investment and innovation in economic growth. Examine case studies from successful countries, the importance of female labor participation, and the impact of AI on India's future. The discussion also highlights India's evolving trade policies, the necessity of diverse perspectives in policymaking, and the potential of expanding digital public infrastructure to key sectors. This comprehensive episode provides valuable strategies and recommendations for India's sustainable economic advancement.Chapters:00:00 Introduction to India's Economic Landscape07:11 The Role of Government in Economic Development11:26 The Middle Income Trap Explained22:59 Lessons from Successful Economies36:23 China's Economic Transition42:37 India's Path Forward47:45 Agricultural Productivity and Technology Transfer48:10 The Next Horizontal Initiative: Education49:49 India's Enterprise and Energy Efficiency52:21 Challenges in Indian Enterprise Efficiency53:51 Energy Sector and State-Owned Enterprises57:17 The Role of Women in India's Workforce59:03 Lessons from Other Countries on Female Labor Participation01:01:08 R&D Investment and Economic Growth01:08:00 Is India's Industrial Policy Working?01:16:04 AI and Its Impact on India's Economy01:22:34 Digital Public Infrastructure and Rural Development01:25:26 Concluding Thoughts on India's Economic PolicyBook Links:Anirudh Suri:The Great Tech Game by Anirudh Suri : https://amzn.eu/d/1Su38My Follow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin:   / anirudhsuri  Instagram:   / anirudh_suri  Facebook:   / anirudhsuri.in  Website: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) India economic development, vikasit bharat middle-income trap, World Bank, innovation in India, digital public infrastructure, education reform, industrial policy, economic policy, GDP growth, India's demography, AI in India, India manufacturing, female labor force participation, socioeconomic mobility, technology diffusion, Indian enterprise efficiency, energy efficiency, investment in technology, trade policy, fiscal policy, rural development, climate change impact on economies, macroeconomic stability, public services digitalization, India competitive advantage, economic governance, international trade, public security in India, infrastructure investment.

In this episode of the Great Tech Game podcast, host Anirudh Suri engages in a deep conversation with Marietje Schaak, International Policy Director at Stanford University's Cyber Policy Center and a former member of the European Parliament. The discussion traverses the complex relationship between technology, geopolitics, and democracy. Marietje highlights the growing influence of big tech firms and their impact on state sovereign functions. She raises concerns about the balance of power, the role of AI, and the urgency for new regulations. They explore historical parallels with colonial enterprises and the concept of digital sovereignty. Marietje underscores the need for transparency, accountability, and informed legislative bodies to protect democratic values in the digital age. They discuss the possibility of a unified democratic response and contemplate the future of AI's regulatory landscape.Chapters:00:00 Highlights from the Conversation02:34 Introduction to the Great Tech Game Podcast02:46 Meet Marija Shaker: A Voice in Tech and Governance04:43 The Evolution of Tech Optimism and Pessimism08:58 Global Shift and the Hollowing Out of Government13:10 Tech Firms as Agents of the State16:09 The Role of Big Tech in Geopolitical Conflicts23:31 Challenges of Global Tech Governance37:03 The Emerging India Model in Tech Policy44:06 The Future of AI and Tech Regulation49:33 Concluding Thoughts and RecommendationsBook Links:Anirudh Suri:The Great Tech Game by Anirudh Suri : https://amzn.eu/d/1Su38My Marietje Schaak: https://amzn.in/d/1jkYoiiFollow Anirudh here:X (formerly Twitter): https://x.com/anirudhsuriLinkedin: https://www.linkedin.com/in/anirudhsuri/Instagram: https://www.instagram.com/anirudh_suriFacebook: https://www.facebook.com/AnirudhSuri.inWebsite: [www.anirudhsuri.com](http://www.anirudhsuri.com/) Book and Podcast: [www.greattechgame.com](http://www.greattechgame.com/) technology, geopolitics, economics, history, global affairs, cyber policy, artificial intelligence, European Parliament, tech governance, big tech firms, democracies, Tech Coup, Silicon Valley, tech regulation, international policy, digital sovereignty, human rights, accountability, surveillance, social media, digital public infrastructure, India, Europe, United States, authoritarian regimes, transparency, national security, facial recognition, spyware, election interference, AI ethics