IndiaÃ¢â‚¬â„¢s Rising Role in Asia
AbstractThis paper analyses recent developments in Indias external economic relations, with particular reference to Asia. Indias demonstrated capacity to sustain moderately high growth over a prolonged period, primarily led by privatesector companies provides an avenue for global risk diversification for major economic powers. The paper demonstrates that Indias qualitative and quantitative integration with the rest of Asia (and the world) is far deeper than commonly perceived. India must continue with the integration process; and with efforts to shift to 8 to 10 per cent sustained growth path if it is to reduce poverty and improve quality of life of its 1.1 billion people. There is no room for complacency as India faces severe challenges in sustaining and developing competitiveness in manufacturing, agriculture and services. Higher growth path will require enhancing complementarities and cooperation among public and private sectors; and taking advantage of Indias demographic trends. The paper strongly urges Indias political parties, media, and other elites to strategically and vigorously pursue countrys core economic and strategic interests to meet challenges arising from competing nations.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Macroeconomics Working Papers with number 22083.
Date of creation: Jan 2007
Date of revision:
Contact details of provider:
Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
Web page: http://www.eaber.org
More information through EDIRC
economic relation; globalization; intergration;
Find related papers by JEL classification:
- N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
- F59 - International Economics - - International Relations and International Political Economy - - - Other
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shiro Armstrong).
If references are entirely missing, you can add them using this form.