Why northeast and southeast Asia must deepen their engagement with India

Arvind Panagariya
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Abstract

This paper makes the case that time is ripe for the countries in southeast and northeast Asia to actively seek greater integration with India. The case is based on two arguments. First, China has emerged as an increasingly aggressive and belligerent power bringing it into conflict with its neighbors in the South China Sea. Therefore, strategically, these countries would need India, which is the continent's second largest in land area and population with a long common border with China, Second, having embraced the market model, India is poised to emerge as a major economy not just in Asia but also the world. By 2030, it will likely be a $6 trillion economy in 2021 dollars, becoming the third largest economy in the world and second largest in Asia. This prospect makes the country a large potential market for other Asian countries.

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为什么东北亚和东南亚必须加深与印度的接触
本文认为,东南亚和东北亚国家积极寻求与印度进一步融合的时机已经成熟。这个案例基于两个论点。首先,中国已经成为一个越来越咄咄逼人和好战的大国,在南中国海与邻国发生冲突。因此,从战略上讲,这些国家需要印度,因为印度是非洲大陆土地面积和人口第二大的国家,与中国有着漫长的共同边界。其次,印度已经接受了市场模式,不仅在亚洲,而且在世界上都有望成为一个主要经济体。到2030年,中国经济规模将达到2021年的6万亿美元,成为世界第三大经济体、亚洲第二大经济体。这一前景使该国成为亚洲其他国家的一个巨大潜在市场。
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