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    1. Samhälle och politik
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    4. Referensverk och tvärvetenskap

    India-Africa Economic Relations in the New Global Economy

    AvRick Rowden

    Inbunden, Engelska, 2025

    Del i serien Critical Political Economy of South Asia

    2 506 kr

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    Beskrivning

    While there have been many books about China’s growing economic role in Africa, this book explores the much less-well-known story of India’s growing economic role in Africa. And like the big debates about China’s role in Africa, this book similarly asks if India is acting as a helpful development partner in Africa, an exploitative “new colonizer,” or if the answer ultimately has to do with the degree of agency exercised by African governments.While the book documents the significant increase in Indian aid, trade, and FDI in Africa in the new millennium, it also offers much more. It comprehensively looks at theories of economic development, the debates about the role of trade and industrial policies in economic development strategies, colonial and post-colonial literature, and controversial features of today’s global political economy as the background to study Africa and frames Africa–India economic relations in these broad contexts. The book reviews the history of India’s diplomacy, trade, and investment in African countries since decolonization, with a focus on the increased economic ties of the past two decades. The main question examined is about the longterm impact that India’s economic relations are having in African economies, and if India is helping Africa to successfully develop over time, or not. The author examines India’s economic and strategic interests in the African region and offers a comparative analysis of Africa’s trade with India, China, the European Union, and other African nations. The book also explores a number of outstanding issues in India–Africa relations today, such as Africa’s role as a source of oil, gas, and critical minerals needed by India, the lifesaving role of Indian generic medicines across the continent, the nature of the agricultural development model that India is introducing in Africa, and key areas where Indian and African governments are cooperating in the international arena.The book offers a critical and in-depth look into the partnerships India has developed with African countries and contributes to the debate on economic relations between a more developed emerging market like India and less developed countries. A major contribution to the emerging area of South–South economics, this book–part of the Critical Political Economy of South Asia series–will be useful for scholars and researchers of economics, development economics, development studies, public policy, diplomacy, African studies, political economy, South Asian economics, and international politics and trade.

    Produktinformation

    • Utgivningsdatum:2025-03-18
    • Mått:156 x 234 x 20 mm
    • Vikt:580 g
    • Format:Inbunden
    • Språk:Engelska
    • Serie:Critical Political Economy of South Asia
    • Antal sidor:262
    • Förlag:Taylor & Francis Ltd
    • ISBN:9780367486952

    Utforska kategorier

    • Referensverk och tvärvetenskap inom Samhälle och politik
    • Internationell ekonomi inom Ekonomi och Ledarskap
    • Ekonomisk politik inom Ekonomi och Ledarskap

    Mer om författaren

    Rick Rowden is an expert in the economic development strategies of developing countries, reforms to the global financial architecture, and the emerging field of South–South economic relations in the global economy. He has worked with international NGOs including ActionAid and Global Financial Integrity, the United Nations Conference on Trade and Development (UNCTAD) in Geneva, and has taught in the School of International Service at American University in Washington, DC, the Department of Global Studies at California State University, Monterey Bay (CSUMB) and the Department of Political Science at Golden Gate University in San Francisco, USA.

    Recensioner i media

    ‘This outstanding book, which focuses on India–Africa relations, is an important and timely contribution to the growing literature on South–South economic relations. It is a useful read for development policy makers especially in the South, and students and scholars of political economy in general.’—Dr. Chibuike Uche, Professor and Chairholder of the Stephen Ellis Chair for the Governance of Finance and Integrity in Africa, Leiden University‘In this important new book, Rick Rowden systematically and comprehensively examines the nature of Afro-Indian economic ties. His nuanced analysis sheds light on this vital but understudied relationship and will be essential reading for all interested in this growing relationship.’—Pádraig Carmody, Professor of Geography and Director of the Master’s in Development Practice at Trinity College Dublin‘This original and meticulous research work analyzes India’s development cooperation with Africa from multiple perspectives, including development studies, economics, global geo-economics, history, sociology, and civil society. Using a blend of qualitative and quantitative data, the author examines trends in India’s development engagement with Africa—spanning aid, trade, concessional loans and grants, and foreign direct investment (FDI)—from a critical standpoint that emphasizes the role of the African agency. This compelling, evidence-based study offers useful insights and will stimulate discussions among stakeholders—investors, development practitioners, academics, and policymakers in both India and across Africa.’—Dr. Renu Modi, Professor and Former Director, Centre for African Studies, University of Mumbai‘Rick Rowden offers a compelling and insightful analysis of the growing economic ties between India and Africa, making this book a must-read for anyone interested in South–South cooperation.’—Dr. Michael E. Odijie, Research Fellow, University College of London‘African South–South economic relations have been rapidly expanding in multiple ways. Concomitant with this these growing linkages has been a proliferation of literature aimed at characterizing the impact on the continent. Publications have overwhelmingly focused on Sino-African interaction with far less on the other giant in the South, India. Rick Rowden’s contribution is a welcome addition to the debate and transcends the simple bifurcation of India as development partner vs new colonizer to present a nuanced, sectoral and layered understanding of the evolution of aid, investment and trade relations. Highly recommended.’—Howard Stein, Professor, Departments of Afroamerican and African Studies and Department of Epidemiology, University of Michigan‘India and Africa share deep bonds of friendship and solidarity. Recent decades have seen rapid growth in economic ties as well. Trade, investment, and development finance flows have swelled from the early 2000s. While analysts have noted the importance of greater economic partnership between southern countries, there is a dearth of scholarly studies on the subject. This book fills an important gap in the literature by undertaking a detailed enquiry into India’s economic relations with Africa. The framework of three schools of thought used by the author to assess India’s role as a development partner is interesting and effective. This book will be of great interest to development professionals, policy makers, diplomats, students, and those who are interested in the shared fortunes of Indians and Africans.’—Dr. Malancha Chakrabarty, Senior Fellow and Deputy Director (Research) at the Observer Research Foundation in New Delhi

    Innehållsförteckning

    • List of figures. List of tables. Acknowledgments. Overview 1. India’s Changing Role in Africa –Three Perspectives 2. Africa’s Changing Role in the Global Economy 3. The History of Development Thinking in Africa 4. India–Africa Trade 5. India–Africa FDI 6. India–Africa Foreign Aid 7. Current Issues in India–Africa Economic Relations 8. Conclusion. Annexure 1: How Do We Know If Indian Aid, Trade, and FDI Support African Development? A Checklist for Future Assessments. References. Index.