ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Angshuman ChoudhurySubscribe to Angshuman Choudhury

How India Funds the World: Financial Assistance in the Extended Neighbourhood

In the schema of realist international politics, where political relationships between aspiring powers are often decided by economic underpinnings, financial aid is often a key instrument of foreign policy. In most cases, it serves as a long-term insurance to preserve old relationships, while in others, it acts as a direct incentive to forge new partnerships. Using figures from the "Expenditure Profiles" in the union budgets of the past five fiscal years, this is the second article in a two–part series that assesses India's budgetary aid programme to countries in its extended neighbourhood.

How India Funds the World: Financial Assistance in the Immediate Neighbourhood

In the schema of realist international politics, where political relationships between aspiring powers are often decided by economic underpinnings, financial aid is often a key instrument of foreign policy. In most cases, it serves as a long-term insurance to preserve old relationships, while in others, it acts as a direct incentive to forge new partnerships. Using figures from the "Expenditure Profiles" in the union budgets of the past five fiscal years, this article is the first in a two–part series that provides an assessment of India's budgetary aid programme to countries in India's geographic neighbourhood.
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