This book examines the strategic and economic logic behind the Bangladesh–China–India–Myanmar (BCIM) Regional Cooperation. According to estimates, BCIM covers approximately 9 percent of the world’s mass and 40 percent of the world’s population spanning across four countries, constituting the confluence of East, Southeast and South Asia. It contributes about 13 percent to world trade but ironically only 5 percent to inter-regional trade. This volume compares the various approaches to cooperation – trade-led vs project-led, geo-political vs geo-strategic, Sino-centric vs India-led.
The chapters explore the complex interplay of geo-economics and geo-politics associated with BCIM sub-regional cooperation in general, and the BCIM Economic Corridor (BCIM-EC) in particular. It points to the current challenges that impede globalisation and economic growth, and critically reviews implications for the stakeholders, institutional frameworks and the spatial impact of the Corridor, especially on the underdeveloped regions. The book discusses the geo-political, geo-economic and geo-strategic advantages that will accrue to the member countries once the sub-regional cooperation becomes fully functional. It advocates the adoption of best practices from similar sub-regional groupings across the globe.
This book will be of great interest to scholars and researchers of politics and international relations, geo-politics, strategic studies, sub-regional cooperation, South Asian studies, India–China relations, foreign trade and economics, besides those dealing with foreign policy and development cooperation. It will especially benefit policymakers, development agencies and strategic think tanks.
Table of Contents
Introduction Gurudas Das and C Joshua Thomas 1. Geo-Economics of BCIM: What should be the basis for Sub-Regional Cooperation? Gurudas Das, Tanuj Mathur, Ujjwal Paul and Subodh Chandra Das 2. Is BCIM-EC beneficial for India? Gurudas Das and Ujjwal Paul 3. BCIM Economic Corridor: A Trade-led Initiative Chen Lijun 4. Potential of BCIM Growth Area: Its implication on India-China Trade Biswajit Nag and Rahul Nath Choudhury 5. India’s Journey from Look East to Act East: Connectivity Dimension Prabir De 6. Trade and Investment along BCIM Economic Corridor: Realising Sustainable Economic Returns Mahfuz Kabir and Nazmul Arifeen 7. The BCIM Economic Corridor: Does it Subsume the BCIM Regional Cooperation Forum Patricia Oberoi 8. Can New Myanmar contribute to BCIM integration? Chaw Chaw Sein 9. The Geo-economic Prospects of the BCIM Corridor Ishani Naskar 10. North East India in BCIM Economic Corridor:Rhetoric and Reality Rakhee Bhattacharya 11. Institutional Arrangements for BCIM: Challenges, Guiding Principles, Short and Long Term Agenda M. Shahidul Islam 12. Connectivity and Subregional Cooperation: The BCIM and GMS in Perspective Anasua Basu Ray Chaudhury 13. Northeast’ in INDIA’S "ACT EAST": A Reality Check Subir Bhoumik 14. BCIM Sustainability Dialogue(s): A Network Approach to Capacity Building Nimmi Kurian 15. BCIM Sub-Regional Cooperation and its Institutional Platform Liu Peng 16. The BCIM: Understanding the Geopolitical Dynamic Sanjay Pulipaka 17. BCIM: The Geo-economics, Geopolitics and the New Contexts of Asia’s Regionalism W.Lawrence S.Prabhakar & Haans J.Freddy 18. BCIM Economic Corridor : Opportunities, Obstacles, Options & the Road Ahead C. Joshua Thomas 19. The Road Ahead for the BCIM: Leveraging on Sub Regionalism and other experiences Laldinkima Sailo 20. Evolving Dynamics of India-China Relations: Implications for BCIM Rahul Mishra 21. The BCIM Forum: Tracing the Historical Basis Ambuj Thakur 22. The Dragon’s Economic Highway: Issues and Concerns over the China-Pakistan Economic Corridor Haans J Freddy 23. BCIM: Interplay of Geoeconomics and Geopolitics Gurudas Das Index
Gurudas Das is Professor of Economics, Department of Humanities and Social Sciences, National Institute of Technology Silchar, Assam, India.
C. Joshua Thomas is Deputy Director, Indian Council of Social Science Research, North Eastern Regional Centre, NEHU Campus, Shillong, Meghalaya, India.