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'India should build interdependent relations
with other nations'
Saturday October 27, 2012 07:32:41 PM,
IANS
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New Delhi:
The geo-economics of growth in an interdependent world requires
India to build both interdependent relations with other countries
as well as the capability to defend its interests, strategic
analyst Sanjaya Baru said Friday.
"If India is able to sustain its economic growth and build
relationships of mutually beneficial interdependence with other
nations, especially with its neighbours and the Great Powers, that
process in itself will guarantee strategic autonomy and widen the
space for India's further rise," said Baru, currently director for
geo-economics and strategy at International School of Strategic
Studies, London.
Delivering the National Maritime Foundation Lecture here on "India
and the World : A Geo-economic Perspective", he noted that China's
rise was based on its pursuit of an exclusive strategy of
interdependence with the US from the mid-1980s.
"China amassed dollars by selling cheap goods that subsidized and
sustained US middle class consumption through the mid-1990s and
the 2000s," he said.
Baru, who has been media advisor to Prime Minister Manmohan Singh,
quoted the latter in this context : "As we (India) strive to
realise our due place in the comity of Nations, the realisation of
our goal lies in the widening, deepening and expanding our
interaction with all our economic partners, with all our
neighbours, with all Major Powers."
According to Baru, the rise of China and other emerging economies
in Asia and elsewhere denotes a "structural shift in the locus of
growth in the world economy".
"It offers India new opportunities but also poses new challenges,
if not threats," he said.
Paraphrasing from Arthasastra, the ancient treatise on statecraft
by Kautilya, Baru said: "From the strength of the treasury, so to
speak, strategic autonomy is born."
According to him, as India widens its development choices, it
acquires greater strategic autonomy.
"It (strategic autonomy) is the fruit of economic growth and
development pursued in a globalised world wherein a nation is able
to utilise the benefits of interdependence, while managing the
costs it imposes."
"As India becomes more relevant to the world, it acquires greater
space for independent action in the world," Baru said.
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