But today, finally, after economic reforms, and economic growth,

My topic is economic growth in China and India.

But independence is coming here.

(Laughter)

The economy recorded a negative growth.

When you explain change for example, economic growth economic growth is about change when you explain change, you use other things that have changed to explain change, rather than using the constant to explain change.

Exploration is the engine that drives innovation.

It matters because this is a democracy.

Here's the key question.

Such drastic economic growth cannot be sustained.

So that is the kind of outrage of the thing.

From about the beginnings of humanity to 1500 zero economic growth, nothing.

like the steam engine before it.

But that's not possible, you might think.

The economy grows, government accumulates more resources, and the government can invest in infrastructure rather than infrastructure being a cause for economic growth.

In fact, if you look at the evidence worldwide, the evidence is more supportive of the view that the infrastructure are actually the result of economic growth.

And of course, there's been economic growth in the West.

The Japanese economy developed rapidly.

You show all these interconnections, all these interrelations.

But the real projections for those ones,

Elder care, child care, already much bigger employers than cars.

We'll have most people in the middle.

What about the political system?

The Japanese economy grew by 4 last year.

The economy of Japan has grown enormously.

Even our best efforts can't keep the economy growing as fast as it needs to for the system to work

And in the process, what that allows us to do is to redirect a lot more of our growth back into existing communities that could use a boost, and have the infrastructure in place, instead of continuing to tear down trees and to tear up the green space out at the edges.

They seem to go in a more humble growth way, you know.

Japan has developed her economic growth.

And in the 1970s, then countries in Asia and Latin America started to catch up with the Western countries they became the emerging economies.

The country is famous for the rapid growth of its economy.

Let me look at this question more directly.

Can you see here what Japan did?

And this is clearly the story of the Chinese economic growth.

In East Asia, we have had successful economic growth stories such as Korea, Taiwan,

In the current slump, economic growth has fallen to zero percent.

It's a dilemma, a dilemma of growth.

With each doubling, demand for energy and resources will exceed all the previous doublings combined.

The irony is, though, that we have cashed out prosperity almost literally in terms of money and economic growth.

So money goes toward those who will create even more of it.

So we calculate the percent reduction per year, but it's sort of the same percentage.

And I don't mean the whole economy, because to grow an economy of India to the size of U.K. that's a piece of cake, with one billion people.

And here in my chart on the left hand side is where we are now.

In the last five years, the two countries have begun to converge somewhat in economic growth.

But then in the late '70s something changed.