| Srl | Item |
| 1 |
ID:
125893
|
|
|
|
|
| Publication |
2013.
|
| Summary/Abstract |
A rising Africa has caught the attention of the world not merely because of its vast natural resources but also because it is the economically fastest growing continent. The article argues that, as Africa gains prominence, the roles of China and India have come into focus. New Delhi's current policy is quite different from that it pursued in the post-independence era, which was focussed on the limited political agenda of anti-colonialism. Even as its interests in the Indian Ocean rapidly grow, its great power ambitions are increasing backed by a burgeoning economy. This has necessitated a new a new policy of engagement that is expansive and multifaceted, encompassing political, economic and strategic dimensions. India maintains that its robust economic relationship is part of South-South cooperation and hence mutually beneficial, for it is aimed at capability and institution building. While economic and political aspects continue to dominate the academic discourse, the Indian Ocean is beginning to become a significant factor in India's Africa policy, even as this ocean acquires enormous geostrategic and economic importance.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
140904
|
|
|
|
|
| Summary/Abstract |
The realisation that trade and investment are key to development is backed up by development theories and empirical studies. This article identifies existing patterns of trade and investments between India and Africa, whereby Africa has a trade surplus through exports of mostly unprocessed commodities and importing processed merchandise from India. Nevertheless there is scope for Africa to improve domestic business conditions to attract the Indian capital, skills and technology necessary for Africa to process her raw materials before exporting, thus creating more jobs and earning more profit. The Indian government is commended for policies that encourage private sector investments in Africa.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|