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India-East Asia Integration : A Win-Win for Asia

Author

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  • Mukul G. Asher

    (RIS)

  • Rahul Sen

Abstract

This paper argues that Indias unilateral liberalization policies since the early 1990s, and purposeful and strategic pursual of its Look East Policy has resulted in considerably greater integration with the rest of Asia than is commonly realized or acknowledged. Moreover, the enabling conditions for greater economic integration among major Asian economies have been laid. If Asia is to increase its economic and political weight in the world affairs, Indias involvement would have to be an integral part of the Asia-wide cooperation. It is in this context that closer cooperation among Japan, ASEAN, South Korea, India, and China would provide considerable win-win opportunities and will have far ranging implications for the world.

Suggested Citation

  • Mukul G. Asher & Rahul Sen, 2005. "India-East Asia Integration : A Win-Win for Asia," Macroeconomics Working Papers 22081, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:macroe:22081
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    File URL: http://www.eaber.org/node/22081
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    References listed on IDEAS

    as
    1. World Bank, 2004. "World Development Report 2005," World Bank Publications - Books, The World Bank Group, number 5987.
    2. Mr. Arvind Panagariya, 2004. "India in the 1980's and 1990's: A Triumph of Reforms," IMF Working Papers 2004/043, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Chandni Dawani & Deepa Pareek, 2024. "Analysing India’s Export Competitiveness in ASEAN Economies: Insights from Viner’s Trade Creation Model," Journal of Asian Economic Integration, , vol. 6(1), pages 7-30, April.
    2. Jagadambe, Subhash, 2016. "Analysis of export competitiveness of Indian agricultural products with ASEAN countries," Working Papers 356, Institute for Social and Economic Change, Bangalore.
    3. Kaushik Roy, 2021. "Focusing on India’s Look East Policy: India–China relationship from 1947 to 2020," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 24(2), pages 79-96, June.
    4. Pradumna B. Rana, 2008. "Linking South Asia with East Asia: Trends, Potential, and Policies," Economic Growth Centre Working Paper Series 0804, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.
    5. Nagesh Kumar, 2007. "Regional Economic Integration, Foreign Direct Investment and Efficiency-Seeking Industrial Restructuring in Asia : The Case of India," Macroeconomics Working Papers 22110, East Asian Bureau of Economic Research.
    6. Tahiri, Noor Rahman, 2017. "Afghanistan and China Trade Relationship," MPRA Paper 82098, University Library of Munich, Germany, revised 15 Sep 2017.
    7. Mukul Asher, 2006. "Role of Japan in BIMSTEC," Working Papers id:389, eSocialSciences.
    8. Mukul Asher, 2006. "India’s Rising Role in Asia," Working Papers id:727, eSocialSciences.
    9. Mukul G. Asher, 2007. "India’s Rising Role in Asia," Macroeconomics Working Papers 22083, East Asian Bureau of Economic Research.
    10. Laurence Henry, 2007. "Trade and Economic Arrangements Between India and South Asia in the Context of Regional Construction and Globalisation," Working Papers id:1055, eSocialSciences.

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    More about this item

    Keywords

    liberalization; Integration;

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • F15 - International Economics - - Trade - - - Economic Integration

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