Indo-Pacific: India’s factor markets hold back full integration with region
India has close economic and strategic ties with the ASEAN, Japan, South Korea, Australia and New Zealand. But the new government will have to overhaul the country’s land, labour and capital markets for the relationship to reach its full potential. Even as India’s elections were winding their way to a final denouement, the Indian Navy was conducting drills in the disputed South China Sea, claimed in full by China, with the navies of the United States, Japan and the Philippines. [...]