Understanding India's Regional Initiatives with East and Southeast Asia

Rupa Chanda and Sasidaran Gopalan

Asian-Pacific Economic Literature, 2009, vol. 23, issue 1, 66-78

Abstract: In recent years, India has concluded several bilateral and regional agreements with countries in East and Southeast Asia. This paper discusses four motivating factors underlying these initiatives: (i) the recognition by other Asian countries of India's growing importance as an investment and export market, as a supplier of manpower, and as a counterbalance to China's growing regional dominance; (ii) India's recognition of Asia's growing importance in the world economy; (iii) India's desire to prevent its marginalisation and to create a sphere of political and economic influence within East and Southeast Asia; and (iv) geo-political considerations such as securing energy interests, and addressing transport and connectivity concerns and long-term political and sub-regional stability objectives. India's approach to these integration efforts has been largely defensive and its future integration initiatives are likely to be more geo-political and strategic in nature. Copyright © 2009 The Authors. Journal compilation © 2009 Crawford School of Economics and Government, The Australian National University and Blackwell Publishing Asia Pty Ltd.

Date: 2009
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