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Evaluating Trade and Economic Relations Between India and Southeast Asia

Evaluating Trade and Economic Relations Between India and Southeast Asia
Author: Medhekar, Anita
Publisher: IGI Global
Total Pages: 347
Release: 2021-11-19
Genre: Business & Economics
ISBN: 179985776X

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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.


Heading East

Heading East
Author: Karen Stoll Farrell
Publisher: Oxford University Press, USA
Total Pages: 0
Release: 2016
Genre: Medical
ISBN: 9780199467242

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The end of the Cold War and economic liberalization in India marked a new turn in Indian diplomacy. The 'Look East' policy promulgated in the early 1990s entailed several strategic and economic initiatives aimed at deepening India's ties with Southeast Asia, which had been neglected earlier. Despite the launch of the program a decade and a half ago, Indias involvement with the region proved to be fitful. With the 'Act East' initiative, which was launched in 2014, there appears to be a renewed emphasis on forging working relationships with various states in the region. This volume, part of the Oxford International Relations in South Asia series, presents an overarching assessment of the contents, successes, and failures of India's Southeast Asia policy, with important pointers to how this relationship could be steered in the future. The contributors to the volume dwell on three critical areas- trade, security, and environment- and outline the existing ties of Indias northeast with Southeast Asia and the prospects of their expansion.


Renaissance Of Asia: Evolving Economic Relations Between South Asia And East Asia

Renaissance Of Asia: Evolving Economic Relations Between South Asia And East Asia
Author: Pradumna Bickram Rana
Publisher: World Scientific
Total Pages: 277
Release: 2012-03-14
Genre: Business & Economics
ISBN: 9814458198

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A recent study by the Asian Development Bank notes that by 2050, Asia's per capita income would rise six-fold to reach Europe's levels today, one of many indications of Asia's “re-emergence”. By then, Asia's share of global GDP would have doubled and it would have regained the dominant economic position it once held some 300 years ago before the industrial revolution.What is less well-known is that during the previous eras of globalization, Asia was also regionally integrated and globally connected. During the 19th and the first half of the 20th centuries, Asia was divided and fragmented.This unique book argues that, led by the economic dynamism and “re-encountering” between China and India, we are witnessing the “Renaissance of Asia”. As in the bygone eras, Asia is integrating within itself and the global economy is intensifying, now driven by market-oriented production networks and economic policies. Asia is starting to be “re-centered” as trade and investment relations between South Asia and East Asia surge. Asia's rise is a restoration of the past, not a revolution. This book is a must-read for anyone interested in the economic development of Asia.


India and Southeast Asia

India and Southeast Asia
Author: Institute of Southeast Asian Studies
Publisher:
Total Pages: 361
Release: 2012
Genre: Economic development
ISBN: 9789814379861

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India-ASEAN Trade and Economic Relations

India-ASEAN Trade and Economic Relations
Author: Vishal Sarin (Professor of economics)
Publisher:
Total Pages: 0
Release: 2016
Genre: India
ISBN: 9788177084214

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India's engagement with the Association of Southeast Asian Nations (ASEAN) started with its Look East Policy in the year 1991. ASEAN has a membership of 10 countries, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. India became a sectoral dialogue partner of ASEAN in 1992 and full dialogue partner in 1996. In November 2001, the ASEAN-India relationship was upgraded to the summit level. On August 13, 2009, India and ASEAN signed the Trade in Goods Agreement under the broader framework of a Comprehensive Economic Cooperation Agreement (CECA) between India and ASEAN. The Trade in Goods Agreement provides for elimination of basic customs duty on 80 percent of the tariff lines accounting for 75 percent of the trade, in a gradual manner starting from January 1, 2010. Conclusions of negotiations for the Services Agreement and Investment Agreement were announced during the ASEAN-India Commemorative Summit held on December 20, 2012 in New Delhi. The Agreement was signed during ASEAN Economic Ministers (AEM)-India Consultations in August 2013. This book provides a comprehensive account of trade and economic relations between India and ASEAN. [Subject: Indian Studies, Asian Studies, International Economics, International Relations, Economic History]


A neorealist assessment of India ́s Look East Policy

A neorealist assessment of India ́s Look East Policy
Author: Johanna Bötscher
Publisher: GRIN Verlag
Total Pages: 133
Release: 2011-04-13
Genre: Political Science
ISBN: 3640892003

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Master's Thesis from the year 2011 in the subject Politics - Region: Near East, Near Orient, grade: 1, University of Salzburg (Fachbereich für Politikwissenschaft und Soziologie), language: English, abstract: In line with its new foreign policy after the end of the Cold War India started to significantly increase its political, economic and military relations with Southeast Asia at the beginning of the 1990ies. Since then, but particularly for the last ten years this so-called „Look East Policy“ has grown to a strong and multifaceted partnership that constitutes a major component of Indian foreign policy today. The principal purpose of this thesis is to evaluate India’s motives for its strong interactions with Southeast Asia. The most common approach among academics to explain India’s Look East Policy follows a liberal understanding of International Relations. Liberals argue that both, India and the Southeast Asian countries want to exploit complementarities in their economic and social structures: This thesis however, follows a neorealist understanding of International Relations by arguing that the Look East Policy is primarily a strategy of the Indian government to counterbalance the growing Chinese influence in Southeast Asia: Due to the geographic closeness of the Asia Pacific region to the Indian subcontinent, China’s presence there is particularly worrisome for India. It thus aligns with the Southeast Asian states in order to push back the Chinese power. In addition to evaluate the motives for India’s Look East Policy, the aim of this thesis is also to confute the liberal critiques on the balance of power theory and to show that the conception has still an enormous predicative power also in the twenty-first century. (Neorealist Balance of Power/Balance of Threat Theory). Moteover, while most existing publications using the balance of power theory mainly focus on balancing for political and military power this thesis also takes into account balancing for economic strength. It thus offers a broader approach by also explaining foreign economic policy. The thesis tests the neorealist balance of power theory by applying it to two case studies: On the one hand the negotiation process on the India-ASEAN Free Trade agreement in goods will be examined, on the other hand India’s cooperation with Myanmar during the last ten years will be analysed in detail.


India-ASEAN Economic Relations

India-ASEAN Economic Relations
Author: Nagesh Kumar
Publisher:
Total Pages: 313
Release: 2006
Genre: ASEAN countries
ISBN: 9789812303219

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Revised and updated version of papers presented at the ASEAN-India Forum, held at Singapore during 9-10 February 2004.


25 Years of India-ASEAN Economic Co-operation

25 Years of India-ASEAN Economic Co-operation
Author: Vishal Sarin
Publisher:
Total Pages: 0
Release: 2019
Genre: India
ISBN: 9788177084757

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India has always stood for an open, equitable, predictable, non-discriminatory and rule-based international trading system. It views regional trade agreements (RTAs) as building blocks in the overall objective of trade liberalization as well as complementing the multilateral trading system under the World Trade Organization (WTO). India has been actively engaging in regional and bilateral trade negotiations with a view to diversify and expand the markets for its exports as well as ensuring access to raw materials, intermediates and capital goods for stimulating value added domestic manufacturing. India unveiled its Look East policy in 1991. East Asia (including Japan, China, South Korea and ASEAN) is today India's largest trading partner. India's engagement with the Association of Southeast Asian Nations (ASEAN) started with its Look East policy. ASEAN has a membership of 10 countries, namely Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. India became a Sectoral Dialogue Partner of ASEAN in 1992 and Full Dialogue Partner in 1996. In November 2001, the ASEAN-India relationship was upgraded to the summit level. Heads of State/Government of the Member States of ASEAN and the Republic of India gathered in New Delhi on January 25, 2018 to commemorate the 25th Anniversary of ASEAN-India Dialogue Relations under the theme of 'Shared Values, Common Destiny'. They reaffirmed their commitment to guide ASEAN-India Dialogue Relations by the principles, shared values and norms enshrined in the Charter of the United Nations. This book traces the course of India-ASEAN economic relations, focusing on trade. It provides an in-depth analysis of trade flows between India and the ASEAN countries in recent years.