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1. Recycling Regime, Environment, and Exclusion of Electronic Scrap Workers in Delhi

Author:
Gayatri Jai Singh Rathore
Publication Date:
11-2026
Content Type:
Working Paper
Institution:
Centre d'Etudes et de Recherches Internationales (CERI)
Abstract:
In recent years, the Indian e-waste sector has undergone a process of formalisation through the implementation of E-waste Management Rules (2016), leading to the creation of what I call recycling regime. The upper and middle classes, along with NGOs and industry actors, are frontrunners in thinking about e-waste policies. They were prompted by a twofold motive: the desire for a “world-class”, clean, and pollution-free city; and seizing business opportunities by extracting value from e-waste. Rather than replacing the State, they co-opted the State so that it would legislate to safeguard the environment, and address toxicity and health problems associated with e-waste. Recycling regime relies on formalisation processes embedded in multiple technologies – technicity, capital-intensive facilities, certifications, authorisations, and licences – that work together to exclude the “informal” sector from the e-waste governance system. Recycling technologies act as “technologies of domination” that further contribute to sidelining the “informal” labour of scrap workers or e-kabadis, who as Muslims already find themselves on the margins of society. However, the recycling regime fails to safeguard the environment in the end as e-waste trickles down back to the informal sector via authorised actors.
Topic:
Civil Society, Economics, Environment, Globalization, Health, Markets, Poverty, Governance, Law, Urbanization, Emerging States, and Norms
Political Geography:
South Asia and India

2. The New Development Bank’s Contribution to the Energy Transition Process in the BRICS Countries (2016-2023)

Author:
Maria Elena Rodriguez, Rafaela Mello Rodrigues de Sá, Octávio Henrique Alves Costa de Oliveira, and Renan Guimarães Canellas de Oliveira
Publication Date:
12-2026
Content Type:
Policy Brief
Institution:
BRICS Policy Center
Abstract:
Considering the growing relevance of the Multilateral Development Banks (MDBs) in the task of financing the global energy transition process, it is important to understand the efforts of these institutions to establish projects aimed at reducing carbon emissions in the most diverse sectors of the economy, and especially in the energy sector. This document looks specifically at the role that the New Development Bank (NDB) plays in this process, presenting an overview of its loan portfolio and targets in terms of contributions to the energy transition process. The NDB, also known as the BRICS Bank, stands out in its institutional strategies in the area of Clean Energy, one of its operational objectives, setting a target for the year 2026 of directing 40% of all its financing to projects aimed at climate change, including operations that contribute to the energy transition (NDB, 2022a, p. 28).
Topic:
Development, Banks, BRICS, Energy Transition, and Multilateral Development Banks (MDBs)
Political Geography:
Russia, China, Iran, Indonesia, India, South Africa, Brazil, Ethiopia, Egypt, and United Arab Emirates

3. Asymmetric Trade Dependence: How India Gains from Pakistan Through Re-Export Channels

Author:
Saifullah
Publication Date:
01-2026
Content Type:
Journal Article
Journal:
Journal of Political Studies
Institution:
Department of Political Science, University of the Punjab
Abstract:
The asymmetric trade interdependence between India and Pakistan is examined using the Theory of Complex Interdependence. Despite the political hostility and official trade prohibition, India has continued to beeconomically blessed by Pakistan via third-party re-exporter methods, which are the UAE, Qatar, and Singapore. Despite top-down bilateral trade falling to US$1.2 billion by 2024, compared to US$3 billion in 2018, trade experts believe the value of Indian-origin goods entering Pakistan through a backdoor channel is over US$10 billion annually. Since 2015, the trade balance has consistently been in India's favor, with Pakistan relying heavily on imports from India and having minimal potential for exports. Although this trade agreement brings some benefits to Pakistani consumers, i.e., the chance to have more inexpensive or a variety of goods, it also reveals a significant vulnerability in the Pakistani government's trade policy, which is sluggish and unnecessarily restrictive. The policy implications of the findings concern trade reform, regional interaction, and fostering economic sovereignty in Pakistan.
Topic:
Political Economy, Bilateral Relations, Exports, Trade, Trade Deficit, and Interdependence
Political Geography:
Pakistan, South Asia, India, and United Arab Emirates

4. Power of Bonding and Non-Western Emerging Great Powers Engagement: Comparing China and India’s Soft Power Strategy in Pakistan

Author:
Abdur Rahman Fuad
Publication Date:
01-2026
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
Power of Bonding and Non-Western Emerging Great Powers Engagement: Comparing China and India’s Soft Power Strategy in Pakistan by Md. Nazmul Islam is a scholarly exploration that pioneers new perspectives in International Relations. It offers a unique and fresh insight into how non-Western emerging great powers, specifically China and India, utilize soft power strategies to engage with Pakistan. The significance of this four-chapter book lies in its departure from traditional Western-centric viewpoints, providing a distinct lens to comprehend the geopolitical and cultural strategies of these major Asian powers. This unique perspective on non-Western soft power will intrigue scholars, policymakers, and individuals interested in international relations.
Topic:
International Relations, Foreign Policy, Book Review, Soft Power, and Emerging Powers
Political Geography:
Pakistan, China, India, and Asia

5. The Asian 21st Century

Author:
Azhar Waqar
Publication Date:
01-2026
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
“The Asian 21st Century” is a compilation of essays and articles by Kishore Mahbubani that covers various topics related to the transition of power especially in the context of the geopolitical and economic rise of Asia. In this book, instead of giving an overarching definition of Asia, the author focuses on certain countries, particularly China, Japan, South Korea, India and Association of Southeast Asian Nations (ASEAN) member countries. The book has been divided into four sections; the first section is titled “The End of Era of Western Domination”, the second “The Asian Renaissance”, the third is comprised of articles related to “The Peaceful Rise of China”, and the last one is titled “The Globalization, Multilateralism and Cooperation.”
Topic:
Economics, Geopolitics, Book Review, and ASEAN
Political Geography:
Japan, China, India, Asia, and South Korea

6. A Long Time Coming: Europe and India have discovered a strategic partnership

Author:
Garima Mohan
Publication Date:
01-2026
Content Type:
Special Report
Institution:
German Marshall Fund of the United States (GMFUS)
Abstract:
The relationship between Europe and India is on the cusp of change. Later this month, in a historic first, EU Commission President Ursula von der Leyen will serve as guest of honor, a position reserved for India’s top partners, at the country’s Republic Day ceremony. At the subsequent EU-India summit, the two sides are likely to sign a long-elusive free trade agreement (FTA) and an expansive security and defense partnership. They are also expected to announce initiatives designed to boost skilled migration, and to foster cooperation between European and Indian industry to enhance economic security. There are several other positive developments. German Chancellor Friedrich Merz just undertook his first official visit to India, also his first to a non-NATO ally. Accompanied by a substantial business delegation, he secured many agreements on defense industrial cooperation, semiconductors, and critical minerals. Recent German governments have made a point of sending top leadership to India before official visits to China, and Merz’s visit continues that convention. French President Emmanuel Macron is due to follow in February to cement his own country’s ties with New Delhi on emerging technologies, thereby broadening an already substantial and critical strategic partnership. India’s foreign minister, in a breakthrough for India’s small-group diplomacy in Europe, just joined a Weimar Format meeting for the first time. Lastly, Prime Minister Narendra Modi is set to visit the continent in spring for the next India-Nordic summit. For some observers this momentum is the result of the rocky relationships that Europe and India have with the United States. In a world of fractured alliances and partnerships, Europe and India need each other like never before. But the groundwork for their current ties was laid over the last decade. Structural factors such as competition with China, and India’s policy of diversification that led it to focus on ties with the West, have brought them closer and raised bilateral ambitions. The relationship is, however, not without divergences, particularly on approaches to Russia. Based on interviews with policymakers in New Delhi, Paris, Berlin, The Hague, and Brussels, this piece will trace the evolution of the “India agenda” in European foreign policy and lay out Europe’s position among New Delhi’s foreign policy priorities.
Topic:
Security, European Union, Geopolitics, Trade, Transatlantic Relations, and Strategic Partnerships
Political Geography:
Europe, South Asia, and India

7. How can India Create More Jobs? Unleashing the 1.4 billion: A Blueprint for India s Job Led Resurrection

Author:
Ejaz Ghani
Publication Date:
01-2026
Content Type:
Working Paper
Institution:
Centre for Policy Research, India
Abstract:
This paper discusses that while mature firms are becoming “net job destroyers” as they automate, it is the young, agile “Ojazelles” — firms less than five years old — that are currently breathing life into the economy, creating 45% of all new jobs. Yet, these young job creators are being strangled by “Structural Brakes”: a Collateral Trap that prizes ancestral land over fresh ideas, and a Regulatory Tax that punishes firms for growing. The paper proposes a New Social Compact to release these brakes. By leveraging India’s world leading Digital Public Infrastructure (DPI), we can bypass the old “Land Finance Nexus” and move to Information Based Lending, where a young person’s talent and data become their new collateral.
Topic:
Economy, Tax Systems, Labor Market, Lending, and Jobs
Political Geography:
South Asia and India

8. India's Neighbourhood PolicyA Collaborative Approach or a Bid for Dominance

Author:
Rabbani Attar and Anusha Attar
Publication Date:
01-2026
Content Type:
Journal Article
Journal:
Journal of Political Studies
Institution:
Department of Political Science, University of the Punjab
Abstract:
The turmoil in India's neighbouring countries can largely be attributed to the framework of India's neighbourhood policy: its underlying principles, strategy, and implementation. The principles refer to the norms and practices guiding the policy; the strategy involves how priorities are structured; and the implementation pertains to the methods of execution. These norms shape the actions taken to achieve set objectives, while priorities dictate the order and significance assigned to those objectives. The modes represent the pathways through which the policy is carried out. This paper critically examines the principles, priorities, and methods of India's policy towards its neighbors, suggesting that India seeks to establish dominance and often presents its national interests as those of the entire region.
Topic:
Hegemony, Strategic Interests, Regional Politics, and Regional Stability
Political Geography:
South Asia and India

9. Asia’s Growing Global Influence: A Study of India’s Africa Policy

Author:
Hamdy A. Hassan
Publication Date:
09-2025
Content Type:
Journal Article
Journal:
Brazilian Journal of African Studies
Institution:
Brazilian Journal of African Studies
Abstract:
The 21st century could become an Asian and African century, which will result in a radical global transformation of the world. Thus, the past decade has witnessed a large Asian presence in Africa, especially, China, India, Japan, and South Korea. Not surprisingly that the rise of Asia in global politics has worried the traditional Western powers. Analyzing contemporary Asian approaches to Africa should be performed through their historical contexts, in particular the history of competition and rivalry between Asian rising powers. It is no secret that this point has not been adequately addres-sed in previous studies on African-Asian relations (Iwata 2019). This state of rivalry is reflected in the African policies of major Asian countries. For example, the Sino-Indian conflict and the Sino-Japanese conflict, in addition to the Taiwan issue, have definitely affected these countries’ interactions with Africa. In contrast to European policies towards Africa after the founding of the European Union, there is no consensus framework for Asian international relations. The experience of struggle against colonialism and engagement in the Non-Aligned Movement represented the most prominent components of the mutual relations between Asia and Africa, especially since the Ban-dung Conference in 1955 (Adem 2017). When the Cold War ended, Asian countries began to achieve high and rapid rates of economic development. Hence, the Asian countries that previously received development aid have become among the most important international donors. This means that the concept of “donor powers” has undergone a major change that it is not limited to Western industrialized countries (including Japan). Perhaps all of this requires studying and analyzing Asian-African relations.
Topic:
Foreign Policy, Development, Global South, Donors, and Foreign Influence
Political Geography:
Africa and India

10. Finding a Way Out of Festering Conflict in India’s Manipur

Author:
International Crisis Group
Publication Date:
02-2025
Content Type:
Special Report
Institution:
International Crisis Group
Abstract:
Manipur, a state in north-eastern India, has been beset with intercommunal strife since May 2023. The central government has now taken a bold step to quell the violence. It should keep acting urgently to avert a protracted crisis.
Topic:
Ethnic Conflict, Violence, and Crisis Management
Political Geography:
South Asia, India, and Manipur

11. Local feminist perspectives as transformation levers for greater gender equality: synthesis study

Author:
Jacqueline Götze, Stephan Klingebiel, and Maryam Khalid
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
The significance of gender equality needs to be spotlighted since women and LGBTQIA* communities are prone to become victims of violence and have limited participation in political and decision-making processes. The approaches of feminist development policies and feminist foreign policies have been criticised for their potential inapplicability to diverse contexts and for perpetuating paternalistic or neo-colonial behaviours. The global rise of right-wing policies has influenced politics, prompting researchers on feminist policies to critically examine their limitations and the ways they have been institutionalised. The present study builds on the expertise, knowledge and experiences of partners from Ghana, India and Ukraine. It introduces local feminist perspectives as levers for transformative change for greater gender equality that can produce context-specific alternative approaches to development processes by addressing prevailing norms and practices, and thereby enhance access to resources and improve the political participation of women, girls and members of the LGBTQIA* communities. This synthesis study identifies common themes, challenges and opportunities across the three case studies prepared by the partner organisations through a combination of deductive and inductive processes. We have developed a matrix of 13 criteria, which can be categorised into five thematic clusters that include: intersectionality, special characteristics of local feminisms and gender (in)equalities, multi-directional flow of norms, challenges and opportunities for gender-transformative change, and future of gender-transformative policies. Key findings reveal persistent barriers faced by local feminist perspectives in influencing policy, decision-making and gender norms due to limited possibilities and restricted opportunities.
Topic:
Feminism, LGBT+, Decision-Making, and Gender Equality
Political Geography:
Ukraine, India, and Ghana

12. Local feminist perspectives as transformative levers: women’s health and climate action in India

Author:
Sreerupa Sengupta, Divya Singhal, and Ananya Chakraborty
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
This study explores the transformative potential of local feminist perspectives in addressing systemic gender inequalities in India, focusing on women’s health and climate action. Anchored in global frameworks, such as the Beijing Declaration (1995) and the Sustainable Development Goals (SDGs), and rooted in India’s historical milestones, such as the Towards Equality Report in 1974 (Government of India, 1974), this research examines how caste, class, gender, sexuality and disability intersect to perpetuate inequities. Despite progress in education, health, and political representation, deep-seated patriarchal norms and structural barriers continue to undermine women’s agency, as reflected in India’s low ranking on the Global Gender Gap Report 2024 (World Economic Forum, 2024). Using intersectional and eco-feminist frameworks, the study employs a qualitative, multi-method approach, including 31 key informant interviews and a stakeholder dialogue involving 40 participants from non-governmental organisations (NGOs), community organisations and feminist collectives. By integrating lived experiences with policy analysis, this study highlights how local feminist movements in India have challenged entrenched social norms, amplified marginalised voices and innovated to provide context-specific solutions. The findings reveal persistent health inequities among women, compounded by caste and disability, and critique health policies for their technocratic focus. Interventions by community organisations as well as governments, such as community health workers and self-help groups, have emerged as vital platforms for addressing reproductive and menstrual health needs while fostering social change. In climate action, women face disproportionate vulnerabilities due to caregiving roles and resource dependencies. However, localised initiatives, including women-led renewable energy programmes and sustainable agriculture practices, showcase their potential as agents of environmental resilience. The study advocates for recognising intersectional vulnerabilities, converging across sectors, improving participatory governance, strengthening capacity building of community organisations, and including divergent experiences of women in policy and intersectional funding models. By situating feminist knowledge within actionable frameworks, it presents a replicable model for integrating gender justice into health and climate strategies, offering lessons for global contexts. The report underscores the necessity of sustained collaboration among community actors, women’s advocacy groups, policymakers and donors to foster systemic equity and resilience.
Topic:
Climate Change, Women, Sustainable Development Goals, and Feminism
Political Geography:
South Asia and India

13. State Enterprises as Enablers of Economic Cooperation in India

Author:
Kyunghoon Kim
Publication Date:
01-2025
Content Type:
Policy Brief
Institution:
Korea Institute for International Economic Policy (KIEP)
Abstract:
This Brief discusses the role of state enterprises in India's economy, emphasizing their pivotal contribution to the government's development strategy. It also highlights cases where Indian state enterprises have formed cooperative relationships with global companies, as well as foreign and international development agencies. The Brief concludes with implications for the Korean government and businesses.
Topic:
Development, Economics, Economic Cooperation, and State-Owned Enterprises
Political Geography:
South Asia, India, Asia, and South Korea

14. Public Administration and Corporate Governance

Author:
C. P. Chandrasekhar
Publication Date:
05-2025
Content Type:
Special Report
Institution:
India International Centre (IIC)
Abstract:
I met Shri B. G. Deshmukh twice, once when he was Cabinet Secretary and the second time when he kindly called on me when I was the Cabinet Secretary. On the first occasion, I was the Chairman of the Spices Board in Ernakulam. A Mumbai-based exporter had complained to him that my policies were keeping the cardamom market very high, thus preventing exports. I met the Cabinet Secretary and explained to him that the exporter was a ‘bear’ in his operations and wanted to use government machinery to bring prices down after he had underquoted to importers abroad. He understood immediately. Meanwhile, the Commerce Ministry was upset that the Cabinet Secretary had gone directly to a field officer instead of to the Ministry. However, I came to understand later that this was Shri Deshmukh's style of work. He felt that it would save time and effort to hear directly from the field. This view was reinforced when Shri Deshmukh called on me after I had taken charge as Cabinet Secretary. This visit was important for me as it gave me a few pointers on how I should conduct my work. Shri Deshmukh told me that it was his practice to visit different state headquarters and meet young officers and hear from them. I followed his lead a little differently. I wrote to all Chief Secretaries, asking them to send a list of important issues pending in each state for want of approval from the Government of India. After I received the lists, I held meetings at which the Secretaries and state representatives were present. In this process, many issues were resolved. Another method I followed was to take plane loads of Secretaries to the weaker states to resolve their problems as fast as possible. The Secretaries would sit with their counterparts and try to solve as many problems as feasible at their level. The residual issues were then discussed at a meeting held by me and we would try to settle them or indicate definite time limits by which they would be resolved. We visited Assam, the northeast, Jammu and Kashmir, Chhattisgarh and Jharkhand for such meetings. A third method which I initiated—and which continues—was to hold annual meetings of Chief Secretaries. All these ideas came to me after my discussion with Shri Deshmukh and his suggestion that work will proceed apace only if there is close coordination between the Centre and the States—cooperative federalism at the administrative level, in short. I will now deal with the dissimilarities between corporate governance and public administration, and how it would be incorrect to think that wholesale application of corporate governance principles, or lateral entry of corporate employees into government, is the solution to transformation of administration. To some extent, my logic has been explained in a chapter in my book (2022: 204–17).
Topic:
Governance, Domestic Politics, and Public Administration
Political Geography:
South Asia and India

15. Connecting Opportunities: Greece’s Strategic Role in the India-Middle East-Europe Economic Corridor (IMEC)

Author:
Dimitris Gavalas and George Dikaios
Publication Date:
01-2025
Content Type:
Policy Brief
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
This policy brief discusses the role of Greece in the India-Middle East-Europe Economic Corridor (IMEC), focusing mainly on those aspects related to infrastructure and ports and the global supply chain. It suggests a series of different actions and highlights different angles that Greece should take into account if it wants to be a major player in the establishment of the Corridor and its gateway to Europe/European Union. – IMEC will be a game changer in international trade relationships, regional tensions, and political challenges. – The main obstacles to IMEC’s establishment are the conflicts in the Middle East and other major national interests of key actors (such as the Chinese monopoly in the region). – Focus is given to port infrastructure, as ports are pivotal to the global supply chain. India pays significant attention to its ports, while the Port of Piraeus is the largest port in Eastern Europe. – The critical role and position of Greece are highlighted, underlying its role as a hub that connects India and the Middle East to Europe. – Greece needs to invest in infrastructure development, build a skilled workforce, and attract foreign investments. – Suggestions for establishing a successful commercial corridor between India and Greece are given, focusing on mutual interests and growth opportunities.
Topic:
Security, Foreign Policy, Trade, and Supply Chains
Political Geography:
Europe, Middle East, India, and Greece

16. Coming Out as Dalit: A Memoir of Surviving India's Caste System with Yashica Dutt

Author:
Yashica Dutt
Publication Date:
04-2025
Content Type:
Video
Institution:
Center for Security, Race and Rights (CSRR), Rutgers University School of Law
Abstract:
Born into a “formerly untouchable manual-scavenging family in small-town India,” Yashica Dutt was taught from a young age to not appear “Dalit looking.” Although prejudice against Dalits, who compose 25% of the population, has been illegal since 1950, caste-ism in India is alive and well. Blending her personal history with extensive research and reporting, Dutt provides an incriminating analysis of caste’s influence in India over everything from entertainment to judicial systems and how this discrimination has carried over to US institutions.
Topic:
Minorities, Discrimination, Institutions, Judiciary, and Caste
Political Geography:
South Asia, India, and United States of America

17. Unlocking India’s Energy Transition: Opportunities, Challenges, and the Role of Cross-Subsidies

Author:
Fatima Mumtaz
Publication Date:
04-2025
Content Type:
Journal Article
Journal:
Journal of Public and International Affairs (JPIA)
Institution:
School of Public and International Affairs (SPIA), Princeton University
Abstract:
This paper examines India’s opportunities and challenges in unlocking its clean energy transition. While the country has made significant advancements in expanding its renewable energy capacity, structural inefficiencies within the electricity sector continue to hinder progress. A key barrier is the cross-subsidy pricing mechanism, which charges commercial and industrial users higher electricity tariffs to subsidize power for agricultural and residential consumers. Although originally intended to promote equity, this mechanism has, over time, contributed to mounting debts for power distribution companies, ultimately weakening the financial health of the electricity grid. This paper provides an analysis of the consequences of the cross-subsidy electricity pricing mechanism. It further explores how a phased approach to reforming this pricing structure could offer a viable pathway to address the financial instability of the power distribution companies.
Topic:
Climate Change, Electricity, Renewable Energy, and Energy Transition
Political Geography:
South Asia and India

18. China Decoupling Beyond the United States: Comparing Germany, Japan, and India

Author:
Joshua Sullivan and Jon Bateman
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
Key U.S. partners are moving toward less technological integration with China. But their specific paths diverge significantly based on domestic circumstances and varied relationships with Beijing.
Topic:
International Relations, Science and Technology, Economy, Regional Integration, and Decoupling
Political Geography:
Japan, China, India, Asia, Germany, and United States of America

19. India — Expert Comment: Kashmir attack stokes tensions along the India-Pakistan Line of Control

Author:
Pearl Pandya
Publication Date:
04-2025
Content Type:
Commentary and Analysis
Institution:
Armed Conflict Location & Event Data Project (ACLED)
Abstract:
On 22 April, separatist militants fired at tourists in the resort town of Pahalgam in the Kashmir Valley, killing at least 26, including one foreign national. This was the deadliest attack on civilians in nearly two decades, and a rare attack against tourists, who have thus far been largely spared from separatist violence.1 Local reports attributed the attack to The Resistance Front (TRF), believed to be an offshoot of the Pakistan-based Lashkar-e-Taiba, an Islamist separatist group.2 While the group has focused its activities against Indian security forces, ACLED data show the TRF’s involvement in at least 21 attacks targeting civilians in Kashmir since the group’s founding in 2019. Similar to Tuesday’s attack, non-Kashmiris and Hindus have borne the brunt of the TRF’s violence.
Topic:
Territorial Disputes, Violence, Separatism, and Armed Conflict
Political Geography:
Pakistan, South Asia, India, and Kashmir

20. Dismantling the License Raj: The Long Road to India’s 1991 Trade Reforms

Author:
Douglas A. Irwin
Publication Date:
01-2025
Content Type:
Working Paper
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
In July 1991, India began to dismantle its long-standing, highly restrictive import control regime and move toward a more open economy. How were policymakers able to dislodge and replace an entrenched system with powerful vested interests behind it? Standard explanations for policy change—pressure from domestic producer interests, shifts in political power, or conditionality by international financial institutions—do not explain the dramatic transformation that took place. Instead, reform-minded technocrats persuaded political leaders to reject what had been a standard response to balance of payments pressure (import repression to avoid a devaluation) and embrace a new approach (exchange rate adjustment and a reduction of import restrictions). This paper explores the economic and political context behind the country’s dramatic policy transformation. India’s experience highlights the crucial link between exchange rate policy and trade policy
Topic:
Foreign Exchange, Reform, Tariffs, Trade, Imports, and Exchange Rates
Political Geography:
South Asia and India