Tuesday, April 28, 2009

Adverse effects of the meltdown

BookValue
Political Economy of Global Financial Crisis
Vijay R. Thite
( http://www.jaicobooks.com/)

Economic patriotism

Lethargy has come to our rescue, Vijay R. Thite wryly comments in Political Economy of Global Financial Crisis. At a time when many countries are in deep economic crisis, India has been fortunate mainly due to slowness of financial reforms, slower dismantling of regulation constraints, and a cautious approach to permitting foreign investors, Thite says.

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