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| 1 |
ID:
120215
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| Publication |
2013.
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| Summary/Abstract |
Since 1971, India was the major trading partner of Bangladesh. However, China's trade with Bangladesh has increased manifold in recent years to surpass India from 2004 onwards. This slowing down and change of economic relations between India and Bangladesh, coupled with strained and uncertain political relations, raise multiple concerns. This article examines the various factors that have contributed to China's growing presence in Bangladesh as compared to India's decline with respect to trade and investment. India has clearly lost out to China in many important industries. While reviewing and assessing recent developments, the study also presents a strategy to counter India's declining economic influence in Bangladesh.
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| 2 |
ID:
069229
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| 3 |
ID:
146667
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| Summary/Abstract |
Assistance to India from Japan under its Official Development Aid (ODA) programme has been particularly important for infrastructure development. India has been the single largest recipient of Japanese ODA since 2003–2004. Most of it has been directed towards long-term participation in infrastructure, much of which comes from the enormous demand. With the Indian Prime Minister’s visit on 3 August 2014, Japan committed to invest $35 billion in different sectors focusing on infrastructure in the coming five years. This investment will boost India’s infrastructure sector. Poor infrastructure is a constraint to sustaining India’s high and inclusive growth rate. One major bottleneck in infrastructure development is infrastructure financing (along with many others, such as land acquisition, environment clearance, and cost-time overruns). In this context, the paper explores the impact of Japanese ODA on the infrastructure sector in India, the trends and priority sectors for Japanese ODA, and the problems and challenges of this developing relationship.
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