ABSTRACT
Scholarship on India economic trajectory has focused largely on domestic political economy and developed different theoretical models to understand slow and incremental policy change, and complex analysis of class forces and evolving alliances between state and capital. Recent developments have led to a growth spurt and scholars have begun to think about global–domestic interactions and changes in India’s economic integration. This nascent literature on India’s international policy economy would be well served to engage with studies of Indian foreign policy to furnish more accounts of the economic foundations of change and continuity in India’s foreign policy behavior. This chapter reviews a wide-ranging set of literatures that relate to India’s political economy and foreign policy and offers an interdependence framework that synthesizes ideas and concepts from IPE with India’s IPE.
