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India-East Asia Integration : A Win-Win for Asia


  • Mukul G. Asher


  • Rahul Sen


This paper argues that Indias unilateral liberalization policies since the early 1990s, and purposeful and strategic pursual of its Look East Policy has resulted in considerably greater integration with the rest of Asia than is commonly realized or acknowledged. Moreover, the enabling conditions for greater economic integration among major Asian economies have been laid. If Asia is to increase its economic and political weight in the world affairs, Indias involvement would have to be an integral part of the Asia-wide cooperation. It is in this context that closer cooperation among Japan, ASEAN, South Korea, India, and China would provide considerable win-win opportunities and will have far ranging implications for the world.

Suggested Citation

  • Mukul G. Asher & Rahul Sen, 2005. "India-East Asia Integration : A Win-Win for Asia," Macroeconomics Working Papers 22081, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:macroe:22081

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    References listed on IDEAS

    1. Arvind Panagariya, 2004. "India in the 1980s and 1990s: A Triumph of Reforms:," International Trade 0403005, EconWPA.
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    Cited by:

    1. Jagadambe, Subhash, 2016. "Analysis of export competitiveness of Indian agricultural products with ASEAN countries," Working Papers 356, Institute for Social and Economic Change, Bangalore.
    2. Pradumna B. Rana, 2008. "Linking South Asia with East Asia: Trends, Potential, and Policies," Economic Growth Centre Working Paper Series 0804, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    3. Nagesh Kumar, 2007. "Regional Economic Integration, Foreign Direct Investment and Efficiency-Seeking Industrial Restructuring in Asia : The Case of India," Macroeconomics Working Papers 22110, East Asian Bureau of Economic Research.
    4. Tahiri, Noor Rahman, 2017. "Afghanistan and China Trade Relationship," MPRA Paper 82098, University Library of Munich, Germany, revised 15 Sep 2017.
    5. Mukul Asher & Rahul Sen, 2006. "Role of Japan in BIMSTEC," Working Papers id:389, eSocialSciences.
    6. Mukul Asher, 2006. "India’s Rising Role in Asia," Working Papers id:727, eSocialSciences.
    7. Laurence Henry, 2007. "Trade and Economic Arrangements Between India and South Asia in the Context of Regional Construction and Globalisation," Working Papers id:1055, eSocialSciences.

    More about this item


    liberalization; Integration;

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • F15 - International Economics - - Trade - - - Economic Integration


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