ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Misplaced Accent on External Balance

Phiroze B Medhora The analysis of the inefficiencies of the Indian economic system by Jagdish Bhagwati and Padma Desai is focused almost exclusively on the international trade account, when in fact the causes of India's difficulties have to be sought elsewhere.

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