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Unfolding in the shadow of decolonisation from the mid-1950s onwards, the economic Cold War entailed demonstrating the superiority of their models by bolstering development initiatives in the Third World. On the other hand, the decolonisation imperative for the Third World leaders and officials translated into a striving for rapid economic development while protecting their economic sovereignty. In a paradoxical bind, however, the lack of sufficient state capacity led the Third World officials to rely on external assistance to pursue economic independence. Based on the Indian case study, the development politics in the Cold War era can provide a relevant guidepost for the developing nations to navigate the ongoing Sino-US competition for influence in the Global South.     

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