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Wednesday, January 18, 2012

OPEN MARKET CAUTIOUSLY.
Nobel Laureate economist Joseph Stiglitgh's warning to India in the presence of the Finance Minister Pranab Mukherjee recectly in Kolkata, is not to imitate USA blindly. Opening up the capital market fully can seriously endanger the country's economy.India should learn from the recent global financial disasters.The US has the resources to recover but India does not.
Courtesy:GFI News.