India-ASEAN Economic Relations: Meeting the Challenges of Globalization

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Indian economy and collectively ten ASEAN members are large and dynamic markets. They are undertaking reforms to deepen their integration within and outside the region. Although the India-ASEAN trade and economic relations have grown over the past decade in an impressive manner, the immense potential of cooperation and synergies remain to be exploited. They could fruitfully share technology, capital, human talent, developmental experiences and coordinated their positions in international forums such as WTO negotiation. India-ASEAN partnership could also be an important building bloc of the emerging broader regional economic cooperation in Asia viz. an Asian Economic Community built in a phased manner. Leading experts of the region in their contributions to this book examine the ways in which the emerging partnership between India and ASEAN can be taken forward for mutual benefit, so that the two sides can leverage on each other’s strengths to better negotiate the forces of globalization. Specifically, the book addresses the issues concerning the trade liberalization in both regional multilateral contexts and goes on to examine the prospects for investment flows and trade in financial services and information and communication technology. It also deals with the potential of sub-regional cooperation and the strategic implications of India-ASEAN cooperation which have hitherto received insufficient attention in the literature. India-ASEAN Economic Relations: Meeting the challenges of Globalization is useful for Asian Policymakers, researchers, and business professionals seeking better understanding of the dynamics of India-ASEAN relations and prospects.

ABOUT THE AUTHOR Nagesh Kumar

Professor Nagesh Kumar is Director General at the Research and Information System for Developing Countries, New Delhi. From 1993 to 1998, Dr Kumar served on the faculty of the United Nations University – Institute for New Technologies (UNU/INTECH), Maastricht, the Netherlands, and directed its research on FDI and technology transfers in developing countries. He has also served as a consultant to the World Bank, UNDP, UNCTAD, UNIDO, UN–ESCAP, ILO, among other organizations. He graduated with a PhD in Economics from the Delhi School of Economics, University of Delhi. He received the Exim Bank of India’s first International Trade Research Award and a GDN medal for best research in Tokyo for 2000. He serves as the Editor of the South Asia Economic Journal. Professor Kumar has written extensively on the developmental impact of MNEs and FDI, industrial and technology development policies, WTO issues, new technologies for development and on regional economic co-operation, among other themes. His recent books include Globalization, Foreign Direct Investment and Technology Transfers: Impact on and Prospects for Developing Countries (Routledge, 1998) and Globalization and the Quality of Foreign Direct Investment (OUP, 2002).

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Bibliographic information

Title
India-ASEAN Economic Relations: Meeting the Challenges of Globalization
Author
Edition
1s ed.
Publisher
ISBN
8171220959
Length
xi+313p., Tables; Figures; References; 24cm.
Subjects