India-Africa Economic Relations in the New Global Economy (Critical Political Economy of South Asia)

While there have been many books about China’s growing economic role in Africa, this book explores the much less-well-known story of India’s growing economic role in Africa. And like the big debates about China’s role in Africa, this book similarly asks if India is acting as a helpful development partner in Africa, an exploitative “new colonizer,” or if the answer ultimately has to do with the degree of agency exercised by African governments. While the book documents the significant increase in Indian aid, trade, and FDI in Africa in the new millennium, it also offers much more.It comprehensively looks at theories of economic development, the debates about the role of trade and industrial policies in economic development strategies, colonial and post-colonial literature, and controversial features of today’s global political economy as the background to study Africa and frames Africa-India economic relations in these broad contexts.The book reviews the history of India’s diplomacy, tr