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Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies
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The Political Economy of India's Foreign Policy (Hardcover)
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The Political Economy of India's Foreign Policy (Hardcover)
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Product of a Post-doctoral research done at the University of
Washington, (Seattle), USA, the present work is an attempt to
conceptualise and analyse the postulates underlying India's Foreign
Policy from its formative years in the early fifties to its
maturation in the early eighties of the last century. It subjects
the management of foreign relations by India to a full scale
theoretical examination from the political economy angle-an
exercise few scholars then or now have undertaken .Notions of
security, national interest, diplomatic leverage, decision making
process and so on have, in this work, been revisited in the
decisive context of a domestic-external continuum in which forces
of economic origin were seen as defining the rationale of a foreign
policy that was supposed to take a developing nation to the
fulfilment of its legitimate aspirations. At the same time, the
innovations that were made with practically no earlier precedent to
go by and the kind of institution building required for the purpose
have been dealt with critically so as to bring out the interplay of
domestic development aspirations and the art of ensuring policy
independence by appropriate diplomacy. In the turbulent context of
the Cold War the Indian experiment in the management of foreign
relations and the positive gains it reaped in collectivising the
principle of non-alignment did constitute a subject that demanded a
non-conventional approach to get to the bottom of it. That is
precisely what distinguishes the book by one of the most qualified
experts in International Relations, enjoying intellectual acclaim
both at home and abroad. The book starts with a theoretical
discourse on the applicability or otherwise of the political
economy approach as it stood at the time of writing. In subsequent
chapters it examines a dependent economy's quest for an independent
foreign policy, the central challenge before the external affairs
ministry of the country. It needed, among other things handling of
external aid, and foreign investment to recharge the developmental
enterprises at home in a manner that would not interfere with the
autonomy in judging and reacting to external events. Economic
restructuring at home which brought a strong public sector as
complementary to a fledgling private sector constituted an
essential aspect. So also came up the new experiment of building a
collective economic front with other developing nations. In its
compact, yet well documented, analysis the book provides the most
engaging scholarly presentation of the subject in all its relevant
technicalities.
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