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India's foreign economic policy under Modi: negotiations and narratives in the WTO and beyond
- Source :
- International Politics, Narendra Modi and India's foreign policy, International Politics (The Hague)
- Publication Year :
- 2022
- Publisher :
- GBR, 2022.
-
Abstract
- For all the complexities of India’s politics, Prime Minister Narendra Modi seemed to have his economic path cut out for him. His ‘Achche din aane waale hein’ (good days are coming) campaign, which had won him a resounding election victory in 2014 for his first term, suggested that Modi’s primary goal was growth and development for his country and people, and hence also an agenda of economic reform. Focusing specifically on India’s negotiations in the context of the WTO, I show in this paper that India has continued to hold on to its former trade policy priorities and negotiation positions and adopted even more hard-line positions in some cases. Interestingly though, the same policy priorities and negotiation patterns that had ill-served India in the past may now no longer be a liability. This is only in part a credit to the Modi administration per se. Rather, it is mainly due to the rise of the phenomenon of “weaponized interdependence”, which in turn legitimizes—sometimes even necessitates—the securitization of foreign economic policy, and more specifically, trade politics. Taken in this changing context and as other countries also adopt a more market-cautionary approach, India’s historic and oft-reviled trade scepticism and reluctance to integrate in global value chains may yet allow it to have the last rhetorical laugh.
- Subjects :
- Geography, Planning and Development
Wirtschaftsbeziehungen
Südasien
South Asia
WTO
internationale Wirtschaftsbeziehungen
Indien
050207 economics
Hegemonie
media_common
Commercial policy
economic policy
wirtschaftliche Faktoren
05 social sciences
economic relations
Negotiations
0506 political science
Negotiation
Development studies
World Trade Organization
foreign policy
Original Article
internationale Beziehungen, Entwicklungspolitik
China
Asia
Economic policy
media_common.quotation_subject
India
Context (language use)
Internationale Beziehungen
050601 international relations
Foreign economic policy
Political science
0502 economics and business
hegemony
Narratives
Außenpolitik
International relations
international trade policy
Weaponized interdependence
economic factors
Außenwirtschaftspolitik
Liability
International Relations, International Politics, Foreign Affairs, Development Policy
Asien
Foreign policy
Wirtschaftspolitik
Political Science and International Relations
International political economy
ddc:327
international economic relations
Subjects
Details
- Database :
- OpenAIRE
- Journal :
- International Politics, Narendra Modi and India's foreign policy, International Politics (The Hague)
- Accession number :
- edsair.doi.dedup.....64602891618beab7163cf16ee764918a