Understanding India's Regional Initiatives with East and Southeast Asia
AbstractIn 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.
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Bibliographic InfoArticle provided by Asia Pacific School of Economics and Government, The Australian National University in its journal Asian-Pacific Economic Literature.
Volume (Year): 23 (2009)
Issue (Month): 1 (05)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0818-9935
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