This landmark book provides the first comprehensive assessment of India as a political and strategic power since Indias nuclear tests, its 1999 war with Pakistan, and its breakthrough economic achievements.

These essays examine India's relations with key powers including the Russian Federation, China and the USA and with key adversaries in the global arena in the aftermath of the Cold War. One positive relationship is that of India's relations with Israel since 1992.

For years, Americans have seen India as a giant but inept state. That negative image is now obsolete. After a decade of drift and uncertainty, India is taking its expected place as one of the three major states of Asia. Its pluralist, secular democracy has allowed the rise of hitherto deprived castes and ethnic communities. Economic liberalization is gathering steam, with six percent annual growth and annual exports in excess of $30 billion. India also has a modest capacity to project military power. The country will soon have a two-carrier navy and it is developing a nuclear-armed missile capable of reaching all of Asia. This landmark book provides the first comprehensive assessment of India as a political and strategic power since India's nuclear tests, its 1999 war with Pakistan, and its breakthrough economic achievements. Stephen P. Cohen examines the domestic and international causes of India's "emergence," he discusses the way social structure and tradition shape Delhi's perceptions of the world, and he explores India's relations with neighboring Pakistan and China, as well as the United States. Cohen argues that American policy needs to be adjusted to cope with a rising India—and that a relationship well short of alliance, but far more intimate than in the past, is appropriate for both countries.

The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.

India faces a defining period. Its status as a global power is not only recognized but increasingly institutionalized, even as geopolitical shifts create both opportunities and challenges. With critical interests in almost every multilateral regime and vital stakes in emerging ones, India has no choice but to influence the evolving multilateral order. If India seeks to affect the multilateral order, how will it do so? In the past, it had little choice but to be content with rule taking—adhering to existing international norms and institutions. Will it now focus on rule breaking—challenging the present order primarily for effect and seeking greater accommodation in existing institutions? Or will it focus on rule shaping—contributing in partnership with others to shape emerging norms and regimes, particularly on energy, food, climate, oceans, and cyber security? And how do India's troubled neighborhood, complex domestic politics, and limited capacity inhibit its rule-shaping ability? Despite limitations, India increasingly has the ideas, people, and tools to shape the global order—in the words of Jawaharlal Nehru, "not wholly or in full measure, but very substantially." Will India emerge as one of the shapers of the emerging international order? This volume seeks to answer that question.

Long plagued by poverty, India's recent economic growth has vaulted it into the ranks of the world's emerging powers, but what kind of power it wants to be remains a mystery. Our Time Has Come explains why India behaves the way it does, and the role it is likely to play globally as its prominence grows.

This book explains the rise of China, India, and Brazil in the international trading system, and the implications for trade law.