Its Global Calling Card
This chapter examines the impact of India’s economy on its foreign policy since its independence in 1947. The first half deals with India’s economic development, and is divided into three periods: desperate times in the wake of the Raj (1947–66); autocracy and socialism (1966–90); and reforms, globalization, and growing global interdependence (1990 onwards). The second half considers how evolving economic patterns and relationships have affected India’s foreign policy and its ties with major partners. The chapter concludes that Indian foreign policy has shifted from the primacy of politics and geostrategic considerations to a new emphasis on economic interests and ties.
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