Economic Cooperation between India and Selected Asian Countries: Current Status and Policy Implications

6 Pages Posted: 9 Sep 2013 Last revised: 23 Dec 2014

See all articles by Choong Jae Cho

Choong Jae Cho

Korea Institute for International Economic Policy

Young Chul Song

Korea Institute for International Economic Policy

Yun-Jeong Choi

Korea Institute for International Economic Policy

Woong Lee

Korea Institute for International Economic Policy

Hye-won Jung

Korea Institute for International Economic Policy

Date Written: April 22, 2013

Abstract

The 2008 financial crisis, which started in the US and led Europe into fiscal tur-moil, is now causing emerging countries to experience economic slowdown. A good example would be India’s growth rate, which was estimated at about 5% for 2012, the lowest in 9 years. Even so, emerging powerhouses like China and India have maintained a comparatively high level of economic growth, becoming more prominent pillars of the global economy and gaining importance as partners of economic cooperation.

Against this backdrop, Japan, Singapore and China are mobilizing their strengths and available policies to take a more active stance toward economic cooperation with India. This paper aims to conduct a comparative analysis on how these three countries are engaging in economic cooperation with India, and compare their policies and strategies with those of Korea.

Suggested Citation

Cho, Choong Jae and Song, Young Chul and Choi, Yun-Jeong and Lee, Woong and Jung, Hye-won, Economic Cooperation between India and Selected Asian Countries: Current Status and Policy Implications (April 22, 2013). KIEP Research Paper NO. World Economy Update-13-17. Available at SSRN: https://ssrn.com/abstract=2320945 or http://dx.doi.org/10.2139/ssrn.2320945

Choong Jae Cho (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Young Chul Song

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Yun-Jeong Choi

Korea Institute for International Economic Policy

Seoul 137-602

Woong Lee

Korea Institute for International Economic Policy ( email )

Seoul 137-602

Hye-won Jung

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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