National responses to the global economic crisis have included both traditional and innovative means of protectionism challenging the paradigm of globalization and the force of free market.
What must be done to restore balance between regulatory and oversight mechanisms and India's ongoing reform agenda?
Bio
Robert Greenhill
Robert Greenhill is Chief Business Officer of the World Economic Forum. With a strong interest in global issues, Robert has combined a career in international business with a commitment to international public policy. He started his career with McKinsey & Company. In 1995, he joined Bombardier Inc., Canada's leading aerospace and rail-transportation manufacturer, where he occupied a number of senior posts, including Senior Vice-President of Strategy.
He became President and Chief Operating Officer of Bombardier International in 2000. In 2004, he joined the International Development Research Centre as Senior Visiting Executive. In May 2005, Robert was appointed President of the Canadian International Development Agency, Canada's premier international development and humanitarian assistance organization.
He also serves as Alternate Governor for Canada on the Board of Governors of the World Bank Group and sits on the Board of Governors of the International Development Research Centre (IDRC).
Chanda Kochhar
Chanda Kochhar is currently the Managing Director (MD) of ICICI Bank and Chief Executive Officer (CEO). ICICI Bank is India's largest private bank and overall second largest bank in the country. She also heads the Corporate Centre of ICICI Bank.
Kocchar has also consistently figured in Fortune's list of "Most Powerful Women in Business" since 2005. In 2009, she debuted at number 20 in the Forbes "World's 100 Most Powerful Women list".
Pranab Mukherjee
Pranab Mukherjee is the current Finance Minister of India. He has a parliamentary career of nearly five decades, which began as a member of Rajya Sabha (upper house) from the Congress Party in 1969; he was re-elected in 1975, 1981, 1993 and 1999. In 1973, he joined the cabinet as Union Deputy Minister, Industrial Development.
He rose through a series of cabinet posts to become the Finance Minister of India from 1982 to 1984. In 1984, he was rated as the best Finance Minister of the World according to a survey of Euromoney magazine.[3] His term was noted for India not withdrawing the last US$ 1.1 billion instalment of an IMF loan. Dr. Manmohan Singh was serving Reserve Bank of India as Governor during Pranab's term as Finance Minister. He was victimised by a coterie of Rajiv Gandhi by not being included in his cabinet after Lok Sabha election held subsequent to Indira Gandhi's assassination. He was pushed out of the Congress party for a brief period, and during this period he formed his own political party Rashtriya Samajwadi Congress, but later merged it with Congress party in 1989 after settlement with Rajiv Gandhi.[4] His political career revived when P. V. Narasimha Rao chose to appoint him as deputy chairman of the planning commission and subsequently as a union cabinet minister.
He served as External Affairs Minister for the first time from 1995 to 1996 in Rao's cabinet. In 1997 he was voted Outstanding Parliamentarian. He was the son of Late Shri Kamada Kinkar Mukherjee and Late Smt. Rajlakshmi Mukherjee. He married Suvra Mukherjee on July 13, 1957 and has two sons and a daughter. His hobbies are reading, gardening and music.
Venu Srinivasan
Venu Srinivasan is the Chairman and Managing Director of TVS Motor Company, India, and President of the Confederation of Indian Industry (CII).
Policy in which a government does not discriminate against imports or interfere with exports. A free-trade policy does not necessarily imply that the government abandons all control and taxation of imports and exports, but rather that it refrains from actions specifically designed to hinder international trade, such as tariff barriers, currency restrictions, and import quotas. The theoretical case for free trade is based on Adam Smith's argument that the division of labour among countries leads to specialization, greater efficiency, and higher aggregate production. The way to foster such a division of labour, Smith believed, is to allow nations to make and sell whatever products can compete successfully in an international market.
member. 
