India S Foreign Economic Relations

Owing to a strong cultural and historical bond, India and Southeast Asia have progressed rapidly. Though there are political and ideological differences between these two entities, it may not hamper the strong bond as there are many common shared values among these nations. The history of these nations identifies that the cooperation between them in terms of trade and commerce is not upheld per the given potential of these nations. In the past, the Indian economy was linked with Southeast Asian countries under the “Look East” policy, which has been re-energized again under the present government. Now, the “Look East” policy is practically more vibrant than ever before with the motto “Act East.” This policy facilitates these countries in emphasizing the importance of better regional connectivity for tourism as well as robust trade and commerce. It leads to a phenomenal growth in terms of imports and exports for these countries. Evaluating Trade and Economic Relations Between India and Southeast Asia sheds light on the trade and economic linkages between India and Southeast Asia and their impact on the nations in the past, present, and for the future. The chapters study whether the win-win strategy works for the strengthening of these countries in terms of both trade relations and political integrity, as well as in facing common enemies across international boundaries. Some of the topics covered include food security, tourism opportunities, trade blocs, trade relations, and economic relations between countries. This book is a valuable reference tool for economists, government officials, policymakers, trade analysts, practitioners, researchers, academicians, and students interested in the policies and relations between India and Southeast Asia that affect trade and the economy.

The Book consists of Research Paper on the broad area of International Economic Relations , written over the past five years. Geo-economics is increasingly becoming the determining factor in international relations. A coalition approach to the management of international power relations is the leitmotif of twenty-first century international diplomacy. The Book by Dr. Gautam Murthy is a timely addition to the literature on the importance on International Economic Relations. It covers a wide spectrum, including important contributions like Sino-Indian Economic Partnership , India-ASEAN-Civilizational Ties and New Economic Partnership , New Synergies in Indo-Australian Relations , W.T.O. and India , and Islamabad Summit and the SAARC Process . The Papers are well researched, and should be useful to both academics, as well as foreign policy practioners, as an academic input to policy making.

In this volume, scholars specializing in different dimensions of foreign-policy analysis examine the dynamics of India's international relations. The volume reviews the economic growth that has propelled it to the status of a globally recognized power, and examines its nuclear policy and maritime strategy as a register of its present capabilities and future aspirations. The news media, often neglected in the study of international politics, are studied as an important index to-and catalysis for-the formulation of government policies. The volume also comprehensively analyses India's bilateral and multilateral relations, their influence on the stability of the subcontinent, their bearing on the country's international presence, and their relevance for its political ambitions.

Product of a Post-doctoral research done at the University of Washington, (Seattle),USA, the present work is an attempt to conceptualise and analyse the postulates underlying India’s Foreign Policy from its formative years in the early fifties to its maturation in the early eighties of the last century. It subjects the management of foreign relations by India to a full scale theoretical examination from the political economy angle—an exercise few scholars then or now have undertaken .Notions of security, national interest, diplomatic leverage , decision making process and so on have, in this work, been revisited in the decisive context of a domestic-external continuum in which forces of economic origin were seen as defining the rationale of a foreign policy that was supposed to take a developing nation to the fulfilment of its legitimate aspirations. At the same time, the innovations that were made with practically no earlier precedent to go by and the kind of institution building required for the purpose have been dealt with critically so as to bring out the interplay of domestic development aspirations and the art of ensuring policy independence by appropriate diplomacy. In the turbulent context of the Cold War the Indian experiment in the management of foreign relations and the positive gains it reaped in collectivising the principle of non-alignment did constitute a subject that demanded a non-conventional approach to get to the bottom of it. That is precisely what distinguishes the book by one of the most qualified experts in International Relations, enjoying intellectual acclaim both at home and abroad. The book starts with a theoretical discourse on the applicability or otherwise of the political economy approach as it stood at the time of writing. In subsequent chapters it examines a dependent economy’s quest for an independent foreign policy, the central challenge before the external affairs ministry of the country. It needed, among other things handling of external aid, and foreign investment to recharge the developmental enterprises at home in a manner that would not interfere with the autonomy in judging and reacting to external events. Economic restructuring at home which brought a strong public sector as complementary to a fledgling private sector constituted an essential aspect. So also came up the new experiment of building a collective economic front with other developing nations. In its compact, yet well documented , analysis the book provides the most engaging scholarly presentation of the subject in all its relevant technicalities.

This PIIE Briefing published by the Peterson Institute for International Economics traces the complex economic relationship between India and the rest of the world, focusing on the United States. The various chapters, by leading experts, emphasize the contrast between political ties between Washington and New Delhi, which have steadily improved since the 1980s, culminating in the landmark nuclear agreement in 2005, and economic ties, which have lagged despite intensive negotiations and pledges of cooperation. The current moment of uncertainty and turbulence may not seem to be the time for a new collaborative chapter in this frequently contentious economic relationship. But the authors argue instead that a crisis can compel leaders of both countries to rethink their failed policies and expand, not reduce, their economic cooperation. By examining the record of international economic policies in the world’s two most populous democracies, this volume can illuminate a path forward. There are no illusions in these essays about the costs and obstacles. Their assumption is that learning the lessons of the past can guide the way for progress in the future.

The Book Deals With All Aspects Of The Foreign Policy Of India In Detail During Different Phases. All The Events Have Been Recorded In The Chronological Order. In The Introductory Chapter The Meaning And Definition Of Foreign Policy, Its Important Contents And Elements Have Been Traced In Detail In A Simple And Lucid Manner. In The Next Chapters Various Aspects Of India S Foreign Policy Have Been Narrated Very Beautifully So As To Meet The Requirements Of The Students Of Political Science In Particular And Other Students In General. Special Importance Has Been Given For The Topic Panchsila Since It Is The Fundamental Basis Of Our Foreign Policy. The Chapter On Panchsila Provides Enormous Information To The Readers So As To Get A Clear Picture About Our Foreign Policy. Towards The End Of The Book, Role Of India In Uno And Commonwealth, India S Policy Towards Third World, India S Role In New International Economic Order (Nieo), Nuclear Policy Of India And India S Participation In Saarc Till Date Have Been Described In Detail For The Benefit Of The Students And The Common Readers.