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Following the end of the Cold War, the economic reforms in the early 1990s, and ensuing impressive growth rates, India has emerged as a leading voice in global affairs, particularly on international economic issues. Its domestic market is fast-growing and India is becoming increasingly important to global geo-strategic calculations, at a time when it has been outperforming many other growing economies, and is the only Asian country with the heft to counterbalance China. Indeed, so much is India defined internationally by its economic performance (and challenges) that other dimensions of its internal situation, notably relevant to security, and of its foreign policy have been relatively neglected in the existing literature. This handbook presents an innovative, high profile volume, providing an authoritative and accessible examination and critique of Indian foreign policy. The handbook brings together essays from a global team of leading experts in the field to provide a comprehensive study of the various dimensions of Indian foreign policy.
Over the last 60 years, India's foreign trade has undergone a complete change in terms of composition and direction. The exports cover a wide range of traditional and non-traditional items while imports consist mainly of capital goods, petroleum products, raw materials, and chemicals to meet the ever-increasing needs of a developing and diversifying economy. In recognition of the growing importance of the foreign trade in driving the economy, this book describes and examines changes in the pattern of India's foreign trade since Independence in 1947, with focus on post-1991 developments. The book addresses issues related to trade policy, export strategy, tariff policy, current account dynamics, exchange rate management, foreign exchange reserves, capital account liberalization, external debt and aid, foreign investments (both direct and portfolio), and the WTO.
This book provides a comprehensive understanding of the various dimensions of India’s international positioning and foreign relations. Already a dominant player in South Asian politics, India has gained a strong footing in the international pecking order with the signing of the Indo-US nuclear agreement and significant support for its claim for a permanent seat in the Security Council. The chapters presented here look at myriad aspects — India’s relations with its neighbours and global powers farther afield including the US, the European Union, Russia and China; India’s policies, influences and strengths; developments in economy, knowledge and innovation amid evolving global realities as well as geostrategic equations and alliances; its present and future plans vis-à-vis its standing in the world; and how international politics is likely to emerge in the coming years. The volume will be useful to academics, researchers and students of politics and international relations as also to policy practitioners and those in media interested in Indian affairs, foreign policy and international relations.
While India’s prospects as a rising power and its material position in the international system have received significant attention, little scholarly work exists on India’s status in contemporary world politics. This Routledge Focus book charts the ways in which India’s international strategies of status seeking have evolved from Independence up to the present day. The authors focus on the social dimensions of status, seeking to build on recent conceptual scholarship on status in world politics. The book shows how India has made a partial, though incomplete, shift from seeking status by rejecting material power and proximity to major powers, to seeking status by embracing both material power and major power relationships. However, it also challenges traditional understandings of the linear relationship between material power and status. Seven decades of Indian status seeking reveal that the enhancement of material power is one of only several routes Indian leaders have envisaged to lead to higher status. By arguing that a state requires more than material power to achieve status, this book reshapes understandings of both status seeking and Indian foreign policy. It will be of interest to academics and policy makers in the fields of international relations, foreign policy, and Indian studies.