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

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All Arithmetic, Little Economics

All Arithmetic, Little Economics JM What stands out in the government of India's memorandum of economic policies for 1992-93 submitted to the IMF is the absence of imagination and creativity in the realm of economic policy reform. The shifting of macro-economic targets reflects simply some fresh arithmetic rather than any serious attempt to understand why earlier targets were not achieved.

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