IDEAS home Printed from https://ideas.repec.org/a/rej/journl/v16y2013i47p55-82.html
   My bibliography  Save this article

Bilateral engagement amid geopolitics: A case of India and Iran

Author

Listed:
  • Faisal Ahmed

    (FORE School of Management, New Delhi, India)

  • M. Absar Alam

    (Institute of Transport Development, New Delhi, India)

Abstract

India’s engagement with West Asia including Iran has always been a balancing act hovering between economic necessities and strategic pursuits. The paper briefly traces the evolution of Indo-Iran engagements and also analyses their respective macroeconomic parameters. It also outlines and discusses three major geopolitical and geo-economic influences including sanctions on Iran, payment mechanism, and Iran’s business environment. Moreover, the issues pertaining to access to oil, transit route through Afghanistan and other trade facilitation measures have also been discussed. The paper also uses the revealed comparative advantage index to identify some potential areas of cooperation. Also, it argues that India needs to be more cautious and pragmatic in its strategic endeavours.

Suggested Citation

  • Faisal Ahmed & M. Absar Alam, 2013. "Bilateral engagement amid geopolitics: A case of India and Iran," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 16(48), pages 55-82, June.
    • Handle: RePEc:rej:journl:v:16:y:2013:i:47:p:55-82
    as

    Download full text from publisher

    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2013-06-01/1919/faisal-ahmed-ul.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Balassa, Bela, 1977. "'Revealed' Comparative Advantage Revisited: An Analysis of Relative Export Shares of the Industrial Countries, 1953-1971," The Manchester School of Economic & Social Studies, University of Manchester, vol. 45(4), pages 327-344, December.
    2. Thomas Vollrath, 1991. "A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 265-280, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Siegfried Bender & Kui-Wai Li, 2002. "The Changing Trade and Revealed Comparative Advantages of Asian and Latin American Manufacture Exports," Working Papers 843, Economic Growth Center, Yale University.
    2. Martin Grančay & Tomáš Dudáš, 2019. "Bilateral trade flows and comparative advantage: does the size matter?," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 397-413, December.
    3. Fertő, Imre & Hubbard, Lionel J., 2005. "Az agrárkereskedelem dinamikája - A csatlakozó országok esete [The dynamics of agri-food trade patterns - the accession countries case]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 24-38.
    4. Li, Kui-Wai & Bender, Seigfried, 2007. "Productivity and Manufacture Export Causality among World Regions: 1989-1999," MPRA Paper 36420, University Library of Munich, Germany.
    5. Chen‐Ti Chen & John M. Crespi & William Hahn & Lee L. Schulz & Fawzi Taha, 2020. "Long‐run impacts of trade shocks and export competitiveness: Evidence from the U.S. BSE event," Agricultural Economics, International Association of Agricultural Economists, vol. 51(6), pages 941-958, November.
    6. Irina Marilena Ban, 2017. "Measuring trade specialization dynamics: the case of Romania and Bulgaria," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(2), pages 229-248, May.
    7. Andrey A. Gnidchenko & Vladimir A. Salnikov, 2015. "Net Comparative Advantage Index: Overcoming the Drawbacks of the Existing Indices," HSE Working papers WP BRP 119/EC/2015, National Research University Higher School of Economics.
    8. Gordeev, Roman, 2020. "Comparative advantages of Russian forest products on the global market," Forest Policy and Economics, Elsevier, vol. 119(C).
    9. Štefan Bojnec & Imre Fertő, 2015. "Agri-Food Export Competitiveness in European Union Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 53(3), pages 476-492, May.
    10. Souguir, Afef, 2019. "Evolution of the specialization of the Tunisian international trade on the European market," MPRA Paper 92500, University Library of Munich, Germany.
    11. Bojnec, Štefan & Fertő, Imre, 2014. "Forestry industry trade by degree of wood processing in the enlarged European Union countries," Forest Policy and Economics, Elsevier, vol. 40(C), pages 31-39.
    12. Sarath Chandran, B.P., 2010. "Trade Compatibility Between India And Asean Countries," MPRA Paper 33138, University Library of Munich, Germany.
    13. Ferto, Imre & Hubbard, Lionel J., 2003. "The Dynamics Of Agri-Food Trade Patterns - The Hungarian Case," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25851, International Association of Agricultural Economists.
    14. Popa Angela Cristina, 2012. "ROMANIAâ€(tm)S SPECIALIZATION IN TRADE TOWARDS EU-27 - A REVEALED COMPARATIVE ADVANTAGE APPROACH," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 54-60, July.
    15. Gibba, Alieu, 2017. "Trade Competitiveness In Global Tropical Fruits," Review of Agricultural and Applied Economics (RAAE), Faculty of Economics and Management, Slovak Agricultural University in Nitra, vol. 20(1), April.
    16. Ivo Zdráhal & Nahanga Verter & Barbora Daňková & Jan Kuchtík, 2019. "Products Mapping' and Agri-Food Trade between Nigeria and ECOWAS Member Countries," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(5), pages 1379-1392.
    17. Morris, Sebastian, 2007. "Agriculture: A Perspective from History, the Metrics of Comparative Advantage, and Limitations of the Market to Understand the Role of State in a Globalising World," IIMA Working Papers WP2007-02-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    18. Beňo, Michal, 2021. "E-working: Country Versus Culture Dimension," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    19. Aron TOROK & Attila JAMBOR, 2016. "Determinants of the revealed comparative advantages: The case of the European ham trade," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(10), pages 471-482.
    20. Dominika Choros-Mrozowska, 2020. "Changes and Comparisons in Pattern of Polish Chinese Trade within the “16+1” Format," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 327-342.

    More about this item

    Keywords

    Iran; sanctions; non-oil; geopolitics; comparative advantage;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rej:journl:v:16:y:2013:i:47:p:55-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Radu Lupu (email available below). General contact details of provider: https://edirc.repec.org/data/frasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.