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India: Emerging Power

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Title: India: Emerging Power
by Stephen Philip Cohen, Stephen P. Cohen
ISBN: 0-8157-0006-7
Publisher: Brookings Institution Press
Pub. Date: 30 June, 2001
Format: Hardcover
Volumes: 1
List Price(USD): $34.95
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Average Customer Rating: 3.6 (10 reviews)

Customer Reviews

Rating: 3
Summary: Workmanlike but over-optimistic book
Comment: Cohen's book covers a fair amount of ground and will be useful to someone who has not read much on India. However, this width of coverage almost inevitably means that depth of analysis is sacrificed.

This is particularly noticeable in the discussion of India's foreign policy, in the twists and turns that Cohen takes trying to explain India's stand on the Kashmir question, and especially in the over rosy view of the Indian economy. The latter is still bedevilled by an aggregate fiscal deficit of over eight percent of GDP and by the spending of states being out of contro. Cohen also takes a rather facile view of the increase in foreign exchange reserves. These have increased largely because interest rates in India are so much higher than in the West that expatriate Indians are depositing their money in India. This could be temporary. Moreover, the very same high interest rates that attract these funds act as a serious disincentive to investment. The high cost of capital has been identified by most Indian economists as the chief impediment to future investment and growth.

Rating: 5
Summary: A useful, albeit optimistic, study of India's role
Comment: The reviews up so far don't sound as if they are responding to the academic and policy value of Cohen's book. India: Emerging Power is an elegantly written, wide-ranging study of India's regional and global role. While (perhaps) a little overoptimistic about India's likely future success, Cohen assesses Indian diplomacy past, current strengths and weaknesses, and the way in which the US ought to engage India. Overall, Cohen comes out in favour of a closer US engagement with India - for positive reasons. The only drawback is that a second edition, post 9/11 and the 2002 Indo-Pak crisis, is needed - for much has changed, and India is close to achieving the regional dominance it demands. I highly recommend this book.

Rating: 3
Summary: Emerging or Merging Power
Comment: Stephen P Cohen contends that India's power is balanced and paradoxical. Its economy is thriving, yet it is likely to contain over half of the world's poorest people. Its strategic elite is ambitious, yet it has been unable to translate its civilization distinctiveness into international influence and respect. Further, while India has long been praised as the 'world's largest democracy', the logic of democracy has triggered a series of domestic revolutions that are transforming the economy, the unique institution of caste, the relationship between India's states and the central government, and India's very identity. Cohen further argues that the United States should build on the recent warming in the relations between the two countries to ensure that India does not turn hostile and threaten to block American policy initiatives.While India is now emerging as a major pan-Asian power, this evolution will be conditioned and shaped by a series of dramatic internal social and political developments that are transforming much of India. These developments will occupy the attention of Indian politicians for years. The author is of the view that as a strategic power, India is likely to continue its cautious policies toward China. India's relations with Pakistan present another area of vulnerability and that New Delhi seems unable to develop a strategy that would resolve the Kashmir crisis.The author has covered almost all aspects of the Indian History and suggested an overwhelming future but Economy of India has not been given due coverage. His entire thesis of emergence of India is based on the existing growth rate, which is about 6 %. However, Means of Production and Services Sector etc have not been covered with rationale. In this connection it is recommended that "The world in 2020" by Hamish McRae be read, which hardly shows any tangible change in the Indian Economy by the year 2020. An entire chapter dealing Economic aspects would have given the real picture of "future of India". In the book one finds a lot of repetition of events. Even some of the chapters could have been lumped together to provide concrete material. One finds most of the chapters without addressing the main issues. The author has not covered the various ongoing separatists' movements in India and their repercussions on the overall stability and the growth of India. Though he has touched upon the movements in Tamil Nadu and Kashmir. He has suggested that until Kashmir Dispute is not resolved the chances of status quo in the region remains. The author has given a lighter touch to the critical role of the RSS/BJP, their popular agenda and the future of the so-called Secular State. The dangerous consequences of this revivalist movement have not been appreciated fully.

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