Pratap Bhanu Mehta is Contributing Editor at the Indian Express. He has been vice-chancellor of Ashoka University and president, Centre Policy Research, New Delhi, one of India's top think tanks. Before he started engaging with contemporary affairs, he taught political theory at Harvard, and briefly at JNU. He has written extensively on intellectual history, political theory, law, India's social transformation and world affairs. He is the recipient of the Infosys Prize, the Adisheshiah Prize and the Amartya Sen Prize.
By not joining RCEP, India sends signal of shrinking possibilities — at home and abroad
Don’t convert India’s global weakness into an ideological virtue. The truth is that India’s domestic agenda of reform will, in most respects, need to be the same, RCEP or no RCEP
India’s suspension of its bid to join the Regional Comprehensive Economic Partnership should be an opportune moment to take stock of India’s place in the world economy. Both the supporters of the decision and those disappointed by it are, in fact, arguing on the same ground. For supporters of the RCEP, the decision not to join it seems like an admission of defeat, an acknowledgement that India is simply not in a position to compete strongly in the global economy, without risking serious trade imbalances and domestic economic disruption. Those opposing it are also, for the most part, saying the same thing: India is not ready. The price of joining will be too high.
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