This book assesses the changes that the Comprehensive Economic Partnership Agreement (CEPA) could produce by boosting the competitiveness of firms in India and Korea. It evaluates the CEPA in terms of its effects on the environment and natural resources of the importing and exporting countries alike. Further, it employs the revealed comparative advantage (RCA) and relative trade advantage (RTA) methods of analysis to gauge the influence of the CEPA on industrial competitiveness in both host and receiving countries. While the CEPA would increase trade between India and Korea in their respective strong domains, the book argues that, given the nature of the exported and imported goods and products, India would be more susceptible to serious environmental impacts than would Korea. The book subsequently presents these impacts in a qualitative framework and stresses the need for a comprehensive valuation of not only environmental impacts, but also the losses due to tariff cuts and the gains due to increased trade between the two countries.

This book explores South Korea's phenomenal economic rise and the impact that this has had on the country's foreign policy.

Examining the underlying logic of the strategic and economic partnership between the Republic of Korea and India, this book is the first detailed study of the numerous facets — cultural, economic, people-to-people, and strategic — of blossoming relations between two major Asian democracies. This comprehensive survey documents the interaction between the two governments, relying on facts and hitherto unpublished original records provided by India’s Ministry of External Affairs; offers an illuminating account of India’s active role as a neutral party in the post-Second World War events of the Korean War and the division of the Korean Peninsula; and provides a vision of the future direction of India–Korea relations. The author also shares candid observations of Korean society and its people during his service as Ambassador of India in Seoul. The work will be useful to policy makers as well as students of politics and international relations, strategic studies, economics, and contemporary world history.

This book analyzes the performance and impact of the India–Sri Lanka free trade agreement over the past decade and suggests the way forward. India became an important source of imports for Sri Lanka immediately after the implementation of the free trade agreement. Bilateral trade between the countries increased steadily thereafter, with Sri Lankan commodities finding a large market in India. The composition of trade also changed with an increased number of new goods being traded. The book computes indices and suggests scope for deepening economic cooperation between the two countries by pruning the negative lists for trade in goods, identifying potential investment, and suggesting policies for expanding cooperation in services.

This book delves into the examination of bilateral relations between India and Vietnam in the 21st century and how the Indo-Pacific as a geo-political construct lends itself to the improvement of their engagement. With the rise and increasing assertiveness of China, the slow growth of the United States, the resurgence of Japan, and the oscillating role of ASEAN as a multilateral organization, the Indo-Pacific has emerged as a theatre of international geostrategic competition. This book studies these changing geopolitical realities and new evolving strategic configurations, while addressing political, economic, defence, and strategic aspects of the relationship along with the role of China and the US in facilitating ties. India’s Act East Policy that was upgraded from the Look East Policy – one of the main drivers for India’s increasing presence in the Asia-Pacific region – is also examined in this volume. An important intervention in the study of international relations, this book will be indispensable to students and researchers of maritime studies, security studies, politics and international relations, geopolitics, and Asian studies.

Surveys the main features of contemporary Indian foreign policy.

This book analyses India’s trade policy evolution in the last two decades in the broad context of trends and patterns in global trade and in particular, with reference to the emergence of global value chains (GVCs). Through an in-depth analysis of its trade policy evolution in the 2000s, the author explains India’s limited share of global merchandise trade, especially manufacturing trade and relatively low GVC integration. The book discusses India’s trade policy, pattern and global trade participation not just in the comparative context of China as is true of most analyses relating to the Indian economy, economic reforms and trade liberalization in India but also in the context of regional economies like Vietnam, Thailand, Malaysia, Bangladesh and other emerging market economies (EMEs) that have successfully integrated with GVCs/ RVCs in the period under reference. Progress and nature of India’s value chain participation relative to other economies has been evaluated in this context. The book further examines policy developments with respect to traditional trade measures like tariffs and export schemes, trade and GVC related policies in special economic zones (SEZs) as well as GVC-facilitating policy instruments such as regional/ free trading agreements (RTAs/FTAs) and investment treaties. Three sectoral case studies - automobiles, textiles and apparel and electronics - are presented to examine India’s participation in these dynamic GVC intensive sectors. An important study of one of the fastest growing economies in the world for almost two decades, this book will be of substantial interest to academics and policymakers in the fields of Economics, International Economics, Foreign Policy, Economic Relations, Economic Diplomacy, Indian- Southeast/East Asian Economics.