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Tag: economies with current account deficits often find themselves facing external financing pressure

Economic woes of India!

Global rating agency Standard and Poor’s has cautioned that large deficit economies, including India, could face more economic problems in the near term. “The road may be rocky in the near term, particularly for the largest deficit countries — India and Indonesia — but we don’t think this is the Asian crisis all over again,” … Continue reading Economic woes of India! →

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ECOPACKINDIA 1 August 28, 2013August 28, 2013 1 Minute

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