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ROGE - Pune 2011 - The Academy of Business and Retail ...

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International Conference on the Restructuring <strong>of</strong> the Global Economy, PUNE 1-2 February, <strong>2011</strong><br />

Why is the <strong>ROGE</strong> Conference being held in India<br />

It is no accident that we have chosen to hold a conference <strong>of</strong> this nature in India.<br />

Modern India is itself having to adapt to changes both in expectations <strong>and</strong> ways <strong>of</strong> doing<br />

business. Change here is palpable <strong>and</strong> it is essential that opportunities are made available to<br />

explore local dynamics <strong>and</strong> help set them in the context <strong>of</strong> what is happening elsewhere. A<br />

wealth <strong>of</strong> data is currently available that elucidates some <strong>of</strong> the changes that are taking place.<br />

It is indeed heartening to see Indian academics playing such a prominent role in knowledge<br />

dissemination; I note with interest that one <strong>of</strong> the co-sponsors <strong>of</strong> this conference, the Journal <strong>of</strong><br />

<strong>Business</strong> <strong>of</strong> <strong>and</strong> <strong>Retail</strong> Management Research currently receives nearly 40% <strong>of</strong> all its academic<br />

papers from Indian academics.<br />

With 1/6 <strong>of</strong> the world’s population India warrants our attention <strong>and</strong> is itself a<br />

fascinating economic case study as it wrestles with the challenges <strong>of</strong> equipping itself for the<br />

cut <strong>and</strong> thrust <strong>of</strong> global competition. <strong>The</strong> economic reforms that Dr Manmohan Singh<br />

championed when he became finance minister in 1991 helped set India on an upward<br />

trajectory, one that has dem<strong>and</strong>ed a wholesale restructuring <strong>of</strong> India’s economy. As a<br />

pluralist nation it knows only too well how essential it is to be pragmatic <strong>and</strong> yet seek to<br />

remain true to its own distinctive cultural values. As a potential economic powerhouse India<br />

is well placed to view the future with optimism, whilst being painfully aware <strong>of</strong> how both<br />

external <strong>and</strong> internal factors can impinge on government policy <strong>and</strong> the endeavours <strong>of</strong><br />

entrepreneurs <strong>and</strong> captains <strong>of</strong> industry alike.<br />

If in some small way the <strong>ROGE</strong> Conference helps elucidate the drama that is taking<br />

place in India then it will have served some useful purpose. Furthermore, in providing a<br />

forum to explore case studies from both the Indian sub-continent beyond we all gain a greater<br />

underst<strong>and</strong>ing <strong>of</strong> the factors that are taking place as the global economy restructures.

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