India's geoeconomic strategy. Issue 1 (1st January 2018)

• Record Type: Journal Article
• Authors: Ahuja, Amit; Kapur, Devesh
• Is Part Of: India review. Volume 17:Issue 1(2018)
• Page Start: 76
• Page End: 99
• Publication Date: 2018-01-01
• Subjects: India -- Periodicals; 954.005
• DOI: 10.1080/14736489.2018.1415282
• Languages: English
• ISSNs: 1473-6489

Abstract

ABSTRACT: Many observers recognize policy continuity as a prominent feature of India's statecraft, but practitioners see fundamental changes in the last quarter century. In this article, we explain how India's economic expansion because of sustained economic growth altered its statecraft. That prosperity is a prerequisite to sustain power has been well recognized through history by major thinkers of strategy. We examine the relationship between India's economic strategy and its congruence with its foreign policy strategy. In particular, we illustrate how India has viewed geoeconomics, defined here as "the use of economic instruments to achieve specific geopolitical results." We highlight the degree and instruments of India's economic statecraft as an integral component of its foreign policy, and its strengths and limitations relative to other rising powers.