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PERSPECTIVES
Economic & Political Weekly EPW february 9, 2013 vol xlviii no 6 41
on the other, acquire the capability to
defend its interests globally.
A globalising India is increasingly
dependent on externally procured natural
resources, external markets, and global
employment opportunities for its rising
middle class. If India is able to sustain its
economic growth and build relation-
ships of mutually benecial interdepend-
ence with other nations, especially its
neighbours, and the major powers, that
process in itself will guarantee strategic
autonomy and widen the space for the
countrys further rise.
Strategic autonomy in an inter de pen-
dent world is secured through creating
mutually benecial relationships of inter-
dependence, not from the mere assertion
of ones independence or non-alignment.
It is the fruit of economic growth and
development pursued in a globalised
world wherein a nation is able to utilise
the benets of interdependence while
managing the costs it imposes. As India
widens its development choices, it acquires
greater strategic autonomy. As India be-
comes more relevant to the world, it ac-
quires greater space for independent
action in the world. Paraphra sing Kautilya
for our times, I would suggest that from
the strength of the treasury, so to
speak, strategic autonomy is born.
Hence, the concepts of autonomy
and self-reliance have to be dened
in the context of the economic inter-
dependence of nations, and Indias need
and ability to draw on the economic
opportunities the world presents to us.
Adopting empty political postures can
hurt the national interest even if it may
feed the national ego. Making wise and
strategic use of global interdependence
can help widen the space for autonomous
decision-making in the realm of both
foreign and domestic policy.
Conclusions
In conclusion, I must add a caveat. Crit-
ics of this liberal realist world view will
ask if this is all that India stands for her
own economic betterment. To be sure,
Indias betterment must also mean the
betterment of the entire Indian subconti-
nent and that would immediately mean
the betterment of a fth of mankind.
That is no mean goal to set for ourselves.
An open subcontinent will draw into its
growth process all of Asia, all of the Indian
Ocean region and large parts of the
world. As Manmohan Singh once said,
Indias rise will in itself be a global public
good. The New Vision 2020 for the South
Asian Association for Regional Cooper-
ation (SAARC) and India-Association of
Southeast Asian Nations (ASEAN) that I
have had the opportunity to help draft
is based on this perspective.
18
But India also stands for something
more, as it always has. It has its civilisa-
tional message for the world encapsu-
lated in that ancient saying, Vasudhaiva
Kutumbakam, or the Whole World is One
Family. Indias syncretic world view and
pluralism and secularism draw on this
tradition. As a modern republic, India is
a symbol of the possibility of develop-
ment in a postcolonial nation within the
framework of a plural and secular demo-
cracy. Indias inclusive economic growth
process is a precondition for the success
of this, in many ways, unique experi-
ment. As Prime Minsiter Manmohan
Singh said while addressing the India
Today Conclave in February 2005,
If there is an idea of India by which
India should be dened, it is the idea of an
inclusive, open, multicultural, multi ethnic,
multilingual society. I believe that this is the
dominant trend of political evolution of all
societies in the 21st century. Therefore, we
have an obligation to history and mankind to
show that pluralism works. India must show
that democracy can deliver development and
empower the marginalised. Liberal democracy
is the natural order of political organisation
in todays world. All alternate systems,
authoritarian and majoritarian in varying
degrees, are an aberration.
19
However, the example and the appeal
of Indias plural and secular democracy
will be bolstered by her social and eco-
nomic development and growth. This, in
short, is the burden of my argument.
Notes
1 Manmohan Singh, Budget Speech, July 1991,
www.nmin.nic.in
2 Jawaharlal Nehru, Constituent Assembly,
December 1947. Full text of speech reproduced
in Sanjaya Baru, Strategic Consequences of
Indias Economic Performance, Academic Foun-
dation, 2006. (Appendix)
3 Manmohan Singh, Foundation Stone Ceremony
at Jawaharlal Nehru Bhavan, 14 February
2006, www.pmindia.nic.in
4 Manmohan Singh, Address to Combined Com-
manders Conference, October 2005, www.
pmindia.nic.in
5 Kautilyas, Arthashastra, originally published
circa 400 BC; this edition edited by Jawahar-
Mulraj (Pune: Hinduja Foundation & Ameya
Prakashan 2005), p 178. This is an idea that
informs Paul Kennedys theory of imperial
overstretch and Niall Fergusons hypothesis
about the square of power as discussed in
his The Cash Nexus: Money and Power in the
Modern World, 1700-2000 (London: Allen
Lane 2001).
6 For a more detailed discussion of this see
Sanjaya Baru, Geoeconomics and Strategy,
Survival, June-July 2012, available at: http://
www.iiss.org/publications/survival/survival-
2012/year-2012-issue-3/geoeconomics-and-
strategy/
7 Selected Michal Kalecki, Selected Essays on the
Economic Growth of the Socialist and the Mixed
Economy, Cambridge University Press, 1972.
8 K N Raj, Politics and Economics of Inter mediate
Regimes, Economic & Political Weekly, Vol VIII,
No 27, 7 July 1973, p 1191. E M S Namboodiripad,
More on Intermediate Regimes, Economic &
Political Weekly, Vol VIII, No 45, 1 December
1973.
9 Paul Kennedy, The Rise and Fall of the Great
Powers: Economic Change and Military Conict
From 1500 to 2000 (New York: Random House,
1987), p 439, emphasis in original.
10 Daniel Bell, Germany: The Enduring Fear,
Dissent, Vol 37, No 4, Fall 1990, p 466.
11 Samuel Huntington, Why International Primacy
Matters, International Security, Vol 18, No 4,
Spring 1993, pp 71-2.
12 For a discussion of Chinas rising prole as a
trading power in its neighbourhood, see chap-
ter 38, India, China and the Asian Neighbour-
hood: Issues in External Trade and Foreign
Policy in Baru, Strategic Consequences of Indias
Economic Performance, Academic Foundation
2006, pp 330-45.
13 The Third Geoeconomics and Strategy Confer-
ence, Bahrain, October 2012, International In-
stitute for Strategic Studies. Papers at: www.
iiss.org/programmes/geoeconomics-and-strat-
egy/events/seminars/currencies-of-power-and-
the-power-of-currencies/papers/
14 On a more detailed consideration of such long-
term shifts, see Angus Maddison, The World
Economy: A Millennial Perspective (Paris: OECD
2001).
15 Baru (2012), op cit.
16 Winston Churchill, Speech at Harvard Univer-
sity, 6 September 1943, quoted by Adrian
Wooldridge in The Battle for Brainpower,
Economist, 5 October 2006, http://www.econ-
omist.com/node/7961894
17 Manmohan Singh, Address to Association of
Indian Diplomats, 15 February 2006. www.
pmindia.nic.in
18 A Roadmap toward South Asian Economic
Union, Asian Development Bank, 2012 (forth-
coming); and Report of the ASEAN-India Emi-
nent Persons Group (forthcoming).
19 Manmohan Singh, Inaugural Address to India
Today Conclave, 25 February 2005, www.
pmindia.nic.in
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