India-ASEAN Economic Relations:
Meeting the Challenges of Globalization

Edited by Nagesh Kumar, Rahul Sen and Mukul Asher

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 coordinate their positions in international forums such as WTO negotiations. 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.

Contents

Foreword
List of Tables and Figures
Contributors to this Volume
Chapter 1:  India-ASEAN Partnership in an Era of Globalization: An Overview by Nagesh Kumar, Rahul Sen and Mukul Asher

Part I: Macroeconomic Performance and Outlook

Chapter 2:

Indian Economy: A Shining Star or a Passing Comet? by Kirit S. Parikh

Chapter 3: ASEAN: Economic Growth Prospects and Challenges by Teofilo C. Daquila

Part II. Intra-regional Trade and Approach to WTO

Chapter 4:

ASEAN-India FTA: Issues and Prospects by Mohamed Ariff and Lim Chze Cheen

Chapter 5:

India in the WTO: Issues, Challenges and Prospects of Cooperation with ASEAN by Anwarul Hoda

Chapter 6:

ASEAN in the WTO: Prospects of Cooperation with India by Razeen Sally

Part III. Investment and Trade in Services

Chapter 7: Foreign Direct Investment in ASEAN and India: Trends and Prospects by Prema-Chandra Athukorala
Chapter 8:

Capital Market Reforms in India and ASEAN: Avenues for Cooperation by V. Anantha Nageswaran and Sivakumar Krithivasan

Chapter 9:

India-ASEAN Cooperation in Information and Communications Technologies (ICTs): Issues and Prospects by K.J. Joseph and Govindan Parayil

Part IV. Sub-Regional, Cooperation and Strategic Issues

Chapter 10:

Sub-regional Economic Cooperation between India and ASEAN by K. Raja Reddy

Chapter 11: Political and Security Cooperation between India and ASEAN: Implications for Economic Cooperation by Malla V.S.V. Prasad

Part V. Epilogue: A Long-Term Vision

Chapter 12: Longer-Term Vision of India-ASEAN Partnership: Towards an Asian Economic Community by Nagesh Kumar

Size 6" x 9" 313 + 12 pages ISBN 81-7122-095-9 (India) ISBN 981-230-321-9 (Singapore) 
Price: US$ 25.00 Rs. 495.00 (India)
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