It is my
pleasure to note that IIFT is organizing the International
Conference, EIITF, in the Delhi Campus during 18-19
After witnessing two decades of deepening globalization, the
year 2008-09 witnessed one of the most wide spread and
intense financial meltdown, which led to prolonged economic
downturn, credit crunch and drying up of financial
resources. After a brief recover, growth momentum was
derailed again due to the debt crisis in the Euro zone and
fiscal instabilities which dampened the consumer demand and
investment prospects worldwide.
With the world economy showing signs of steady but slow
recovery, the major challenge today is to address the
imbalances caused by the financial crisis, deepen trade
integrations with the world and translate the enhanced trade
flows into growth as well as sustaining development.
The EIITF conference, which is being held at a crucial
juncture, intends to generate academic discussions on past
lessons and future policy dimensions. The conference aims to
bring together the scholars and policymakers working in the
relevant fields so as to exchange knowledge and gain from
each other’s experience.
Dr. Surajit Mitra,