The Indian Ocean Rim
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Regional Trade and Development Strategies in the Era of Globalization
Author: Prabhakar, Akhilesh Chandra
language: en
Publisher: IGI Global
Release Date: 2019-12-27
Despite three decades of continuous globalization, transitional economies in many countries remain marginalized. In order to maximize the positive growth of employment creation opportunities in various sectors, including agriculture, existing patterns of long-run sustainable equilibrium relationships, technology transfers, and trade to promote export-led economic growth must be examined and identified. Regional Trade and Development Strategies in the Era of Globalization provides a comprehensive overview of globalization and regional initiative trends of trade and development through the examination of theoretical and practical experiences of their underpinning principles through approaches to overcome the obstacles of globalization and its positive and negative impacts on global trade and economic development. The content within this publication examines economic integration, foreign investment, and financial risk. It is designed for trade specialists, government officials, students, researchers, policymakers, business professionals, academicians, and economists.
The Indian Ocean Rim
The Indian Ocean Rim Association for Regional Cooperation was formally established in 1997 under the leadership of South Africa, India and Australia. The demise of Apartheid, the fall of the Soviet empire, and the rapid advance of globalization altered the geopolitics of the Indian Ocean region in the early 1990s and served as a catalyst in the creation of the IOR. This book contextualizes the founding of the IOR by outlining the historical aspects of economic ties across the Indian Ocean and previous attempts to promote regional cooperation. The contributors to this volume analyse the post-colonial ideological legacy, the political and economic constraints caused by Apartheid and communism, the end of protectionism and the problem of globalization. These major themes in the history of the IOR are applied to what the future holds for Southern Africa within this economic grouping, and whether or not regional cooperation will manage to compete with globalization. This volume will be of interest to scholars of development studies, international relations, Third World studies, and regional development.
The Hadrami Diaspora
The Hadramis of South Yemen and the emergence of their diasporic communities throughout the Indian Ocean region are an intriguing facet of the history of this region’s migratory patterns. In the early centuries of migration, the Yemeni, or Hadrami, traveler was both a trader and a religious missionary, making the migrant community both a “trade diaspora” and a “religious diaspora.” This tradition has continued as Hadramis around the world have been linked to networks of extremist, Islamic-inspired movements—Osama bin Laden, leader of Al Qaeda and descendant of a prominent Hadrami family, as the most infamous example. However, communities of Hadramis living outside Yemen are not homogenous. The author expertly elucidates the complexity of the diasporic process, showing how it contrasts with the conventional understanding of the Hadrami diaspora as an unchanging society with predefined cultural characteristics originating in the homeland. Exploring ethnic, social, and religious aspects, the author offers a deepened understanding of links between Yemen and Indian Ocean regions (including India, Southeast Asia, and the Horn of Africa) and the emerging international community of Muslims.