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Book Code: 1111016994931
Gautam Murthy
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ABOUT THE BOOK:- India unveiled the Look East policy in 1991. East Asia, including Japan, China, South Korea and ASEAN is today India's largest trading partner, ahead of EU and the US. Proliferation of Free Trade Agreements (FTAs) is the clearest evidence of Asian countries desire to forge closer economic relationships. Look East has evolved to “Act East” and “Action East”. The growing importance of CECA (Comprehensive Economic Cooperation Agreements) indicates that such agreements are becoming deeper, extending to areas beyond just tariff reduction. Intra-regional trade and investment require building up of shared infrastructure. Many Asian countries have joined together to develop cross-border infrastructure to lay the foundations for closer trading relationships and increased connectivity among countries. India is today slow in agreeing to signing the RCEPA (Regional Comprehensive Economic Partnership Agreement) which includes ASEAN, India China, Japan, South Korea, and Australia, due to economic and tariff issues, though for geo-political considerations, it wants to go ahead. Ultimately, National interests, will override, both geo-economics and geo-politics. It must be added here, when we talk of the “Asian Century”, West Asia, Central Euro-Asian and former Soviet Central Asian Republics (now independent countries, with the break-up of the Soviet Union in 1991),are left out. Asia can be a true power to reckon with only if all of ASIA is included in any geo-economic or geo-political discourse. BIMSTEC (Bay of Bengal Initiative for Multispectral Technical and Economic Cooperation) or SCO (Shanghai Cooperative Organization),or a truncated SAARC, cannot be a viable option, although, it may serve short-term political gains. Needless to say, there should be zero tolerance to terrorism. across ASIA, and INDIA particularly, should be wary of engaging, China, Pakistan, and a Talibanised Afghanistan, even on trade and regional cooperation issues. Some of these areas will be covered in the Book. The Book consists of Articles written over the past two decades, and the Chapters give an overview of India's bilateral and regional cooperation, and theoretical issues in international trade. Many of the Articles are updated versions of Articles, written in 2008, in a Book, with the same title.
ABOUT THE BOOK
India unveiled the Look East policy in 1991. East Asia, including Japan, China, South Korea and ASEAN is today India's largest trading partner, ahead of EU and the US. Proliferation of Free Trade Agreements (FTAs) is the clearest evidence of Asian countries desire to forge closer economic relationships. Look East has evolved to “Act East” and “Action East”.The growing importance of CECA (Comprehensive Economic Cooperation Agreements) indicates that such agreements are becoming deeper, extending to areas beyond just tariff reduction.
Intra-regional trade and investment require building up of shared infrastructure. Many Asian countries have joined together to develop cross-border infrastructure to lay the foundations for closer trading relationships and increased connectivity among countries. India is today slow in agreeing to signing the RCEPA (Regiona l Compr ehens ive Economi c Partnership Agreement) which includes ASEAN, India China, Japan, South Korea, and Australia, due to economic and tariff issues, though for geo-political considerations, it wants to go ahead.
Ultimately, National interests, will override,
both geo-economics and geo-politics. It must be
added here, when we talk of the “Asian
Century”, West Asia, Central Euro-Asian and
former Soviet Central Asian Republics (now
independent countries, with the break-up of the
Soviet Union in 1991),are left out. Asia can be a
true power to reckon with only if all of ASIA is
included in any geo-economic or geo-political
discourse.BIMSTEC (Bay of Bengal Initiative
for Multispectral Technical and Economic
Cooperation) or SCO (Shanghai Cooperative
Organization),or a truncated SAARC, cannot be
a viable option, although, it may serve shortterm
political gains.
Needless to say, there should be zero tolerance to terrorism. across ASIA, and INDIA particularly, should be wary of engaging, China, Pakistan, and a Talibanised Afghanistan, even on trade and regional cooperation issues.
Some of these areas will be covered in the Book. The Book consists of Articles written over the past two decades, and the Chapters give an overview of India's bilateral and regional cooperation, and theoretical issues in international trade. Many of the Articles are updated versions of Articles, written in 2008, in a Book, with the same title.
ABOUT THE AUTHOR
DR. GAUTAM MURTHY is a Retired
Professor of Economics at the Centre for Indian
Ocean Studies, Osmania University,
Hyderabad, India. He has done his PhD on
“Trade and Export Instability in the ASEAN
Economies” from the Gokhale Institute of
Politics and Economics, Poona University. He
was also Professor at XLRI, Jamshedpur. He is
on the Board of Academic Studies of many
Indian Universities, and was the Chairman of
the Doctoral Committee for evaluating many
PhD theses. He has more than 30 years of
teaching and research experience. He has
published Six Books, titled - 1. “International
Trade and Economic Co-operation-Indian
Perspectives”; 2. “Regionalism in the Indian Ocean
Rim”; 3. “Strengthening Indo-South African
Relations”; 4. “APEC and India-Emerging
Perspectives”; 5. “Trade and Economic Cooperation”;
and 6. India: Bilateral Trade and
Regional Economic Cooperation”. His last Book,
was released by the Hon’ble Former President of
India, Bharat Ratna, Shri. PranabMukherjee.
He has published more than 60 Articles in
leading National and International Journals. His
published works have received appreciation
from the Secretary, Ministry of External Affairs,
Government of India, and the ASEAN
Secretariat. His Books are prescribed in the
reading list of many foreign Universities,
including the University of Adelaide in
Australia, and Adana Science and Technology
University, Turkey. He has participated in many
international conferences and delivered lectures
at academic institutes, and leading think-tanks
in, Austria, the Czech Republic, Germany,
Indonesia, Malaysia, Singapore, Switzerland,
Thailand and Vietnam.
CONTENTS
Foreword ............................................................................................... 9
Acknowledgements ............................................................................... 11
1. India’s Tryst With Asian Engagement Bandung to Vladivostok ........... 13
2. India-China Geo-Political and Economic Relations: Cooperation and Competition .............................................................. 23
3. Asean and India-historical Perspectives and Looking ahead ................ 37
4. India and Asean: Potential for Tourism ................................................ 49
5. India and Apec (Asia-pacific Economic Co-operation) Forum ............ 57
6. Trade and Capital Flows in the Asean Countries .................................. 75
7. New Synergies in Indo-Malaysian Ties ................................................ 85
8. India’s Cultural Heritage in South East Asia as Geo-political Strategy ........................................................................ 101
9. Indo-australian Commercial Ties ....................................................... 109
10. India and Singapore-dynamic Economic Partners .............................. 119
11. India and the Iora (Indian Ocean Rim Association) ........................... 155
12. India and the European Union – Cultures of Governance and Conflict Resolution ..................................................................... 161
13. Regional Cooperation in South Asia Prognosis and Prospects ........... 167
14. Pakistan, India and the Saarc Process ................................................ 173
15. World Trade Organization (Wto) and the Urugay Round ................... 181
16. Problems of International Debt-Indian and international ................... 197
17. Foreign Direct investment in Ldcs-trends in India and China ............ 201
18. Cancun Summit of 1981-International Trade and the Ldcs ................ 211
19. India and the UN (United Nations)-75 Years of Beneficial Partnership ........................................................................ 215
20. Reforms and Globalization in India-a Critique .................................. 229
Index .................................................................................................. 241
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