Less than a year back, a former chief executive of Mastercard, Ajay Banga, was in…
Macroeconomic Vulnerability and the Rupee’s Decline C.P. Chandrasekhar
The measures adopted by the government to stem the rupee depreciation rather than being a success may well lead India into a crisis.
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(This article was originally published in the Economic and Political Weekly, Vol. XLVIII No. 38, September 21, 2013.)