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| How far to the next crisis? |
| Payments crises cannot always be predicted or prevented |
| One of the questions Raghuram Rajan will have to focus on, as International Monetary Fund’s new chief economist, is how far the next major payments crisis is, and what the IMF can do to prevent it — and if it occurs, to limit and shorten it.... |
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| Hurdles ahead |
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Sir — Passengers who have planned to come into or go out of Calcutta by train on September 13 and 1 ... |
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| Forked tongue |
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Sir — It was amusing to read Ashok Mitra’s reflections on the two languages, Hindi and Urdu (“The b ... |
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| MONITORING ROLE |
| The creating of confusion to obscure truths is a well-worn strategy. The Supreme Court has decided that the Best Bakery massa...| Read.. |
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| FUNNY BUSINESS |
| Politics in India often borders on the farcical. Jharkhand’s chief minister, Mr Arjun Munda, would, however, have the people ...| Read.. |
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| Firmly on the recovery path |
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The persistent slowdown in trade and investment and rising unemployment continue to hold back world economic growth. The rece... | Read.. |
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| With health in mind |
| Most developing countries implementing economic stabilization or adjustment programmes have no way of expanding health spending without increasing revenues from other sources.... |
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| Cracks in the axis |
| the widening cracks in the mullah-military axis. My affair with Pakistan dates back to 1979, the year I was posted to Karachi, the year Zia-ul-Haq hanged Bhutto, and t... |
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Political economy (the economy of a State, or of citizens) consists simply in the production, preservation, and distribution, at fittest time and place, of useful or pleasurable things. — JOHN RUSKIN
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