Indian policy makers have welcomed India's framing as a "rising power" and celebrated the BRICS initiative as a common front in reforming aspects of global governance. Yet China's rise in Asia has unsettled the balances of power which have underpinned the region, as a consequence of which India...

The present study works out the relative benefits/losses of India aligning with RCEP and BRICS member countries under the conjecture of free trade area in good trade only. The study uses partial (SMART model) and general equilibrium (GTAP model) tools for this assessment. The main focus in the...