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The BRICS in International DevelopmentIndia: From Technical Cooperation to Trade and Investment

The BRICS in International Development: India: From Technical Cooperation to Trade and Investment [We analyse the current model of Indian development assistance, which contrasts with traditional foreign aid. India uses the South–South cooperation framework as a guiding principle to link business, trade and economic interests with developing countries. It leverages lines of credits to enhance its energy security and geostrategic interests with Africa and its neighbours. The Modi government has enhanced development cooperation to push for business as development and framing development as growth. India’s development cooperation has similarities with that of other BRICS countries and it supports the BRICS financial institutions. The chapter examines India’s emergence as a development partner from an aid receiver and giver of technical assistance to a development and business partner.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The BRICS in International DevelopmentIndia: From Technical Cooperation to Trade and Investment

Editors: Gu, Jing; Shankland, Alex; Chenoy, Anuradha

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Publisher
Palgrave Macmillan UK
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016. The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Design and Patents Act 1988.
ISBN
978-1-137-55645-5
Pages
93 –117
DOI
10.1057/978-1-137-55646-2_4
Publisher site
See Chapter on Publisher Site

Abstract

[We analyse the current model of Indian development assistance, which contrasts with traditional foreign aid. India uses the South–South cooperation framework as a guiding principle to link business, trade and economic interests with developing countries. It leverages lines of credits to enhance its energy security and geostrategic interests with Africa and its neighbours. The Modi government has enhanced development cooperation to push for business as development and framing development as growth. India’s development cooperation has similarities with that of other BRICS countries and it supports the BRICS financial institutions. The chapter examines India’s emergence as a development partner from an aid receiver and giver of technical assistance to a development and business partner.]

Published: Sep 30, 2016

Keywords: Development assistance; India; South–South cooperation

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