ENGLISH

BCIM Economic Cooperation: Interplay of Geo-economics and Geo-politics

By Gurudas Das and C. Joshua Thomas

Book information

Publisher
Routledge India
Year
2018
ISBN
9781138570467, 9780429439773
Language
english
Format
PDF
Filesize
2 MB (2371888 bytes)
Pages
\481
Time added
2021-06-26 15:07:05

Description

This book examines the strategic and economic logic behind the Bangladesh–China–India–Myanmar (BCIM) Regional Cooperation. According to estimates, BCIM covers approximately 9 percent of the world’s mass and 40 percent of the world’s population spanning across four countries, constituting the confluence of East, Southeast and South Asia. It contributes about 13 percent to world trade but ironically only 5 percent to inter-regional trade. This volume compares the various approaches to cooperation – trade-led vs project-led, geo-political vs geo-strategic, Sino-centric vs India-led. The chapters explore the complex interplay of geo-economics and geo-politics associated with BCIM sub-regional cooperation in general, and the BCIM Economic Corridor (BCIM-EC) in particular. It points to the current challenges that impede globalisation and economic growth, and critically reviews implications for the stakeholders, institutional frameworks and the spatial impact of the Corridor, especially on the underdeveloped regions. The book discusses the geo-political, geo-economic and geo-strategic advantages that will accrue to the member countries once the sub-regional cooperation becomes fully functional. It advocates the adoption of best practices from similar sub-regional groupings across the globe. This book will be of great interest to scholars and researchers of politics and international relations, geo-politics, strategic studies, sub-regional cooperation, South Asian studies, India–China relations, foreign trade and economics, besides those dealing with foreign policy and development cooperation. It will especially benefit policymakers, development agencies and strategic think tanks. Cover Title Copyright Contents List of figures List of tables List of abbreviations Notes on contributors Introduction Part I BCIM sub-regional cooperation 1 BCIM: what should be the basis for sub-regional cooperation? 2 Potential of BCIM growth area: its implication on India–China Trade 3 The road ahead for the BCIM: leveraging on sub-regionalism and other experiences 4 Institutional arrangements for BCIM: challenges, guiding principles, short- and long-term agenda 5 The BCIM Forum: tracing the historical basis Part II BCIM Economic Corridor 6 Is BCIM-EC beneficial for India? 7 BCIM Economic Corridor: a trade-led initiative 8 Trade and investment along BCIM Economic Corridor: realising sustainable economic returns 9 The BCIM Economic Corridor: does it subsume the BCIM Regional Cooperation Forum? 10 BCIM Economic Corridor: opportunities, obstacles, options and the road ahead Part III BCIM and India’s Northeast 11 Northeast India in BCIM Economic Corridor: rhetoric and reality 12 ‘Northeast’ in India’s ‘Act East’: a reality check 13 BCIM Economic Corridor and Northeast India: need for inclusive development agenda Part IV Geo-economics of BCIM 14 Can new Myanmar contribute to BCIM integration? 15 BCIM sub-regional economic corridor: will it be a game changer? 16 The BCIM corridor: geo-economic prospects 17 One more step from temporary to permanent: BCIM sub-regional cooperation and its institutional platform 18 BCIM sustainability dialogue(s): a network approach to capacity building Part V Geo-politics of BCIM 19 The BCIM: understanding the geo-political dynamic 20 BCIM: the geo-economics, geo-politics and the new contexts of Asia’s regionalism 21 Evolving dynamics of India–China relations: implications for BCIM 22 China’s two regional framework narratives: BCIM and CPEC – comparative viabilities Conclusion: OBOR architecture and BCIM-EC: an interplay of geo-economics and geo-politics Index

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