Abstract
Recent scholarship has focused on China and India as the world’s fastest growing economies, their expanding bilateral trade, and the vast potential for closer cooperation. There is, however, little attention devoted to what prevented cooperation in the past, how economic engagement factors into their respective “grand strategy,” and how it influences the scope, pace and context of bilateral economic interaction. This study addresses some of this deficit. Section One examines the changing position of each country in the other’s security calculus. Section Two analyses domestic imperatives driving mutual economic cooperation. Section Three discusses the specifics of current and proposed engagement, including respective strengths and weaknesses. Section Four assesses elements of current cooperation and competition, and which security considerations might promote or inhibit future economic cooperation.
PDF