rationalise the payments developments in the industrial countries. In spite of the sharp fall in the value of the dollar over the past twelve-thirteen months, and particularly since September 1985, the US current accounts deficit is estimated to have risen from $ 107 billion in 1984 to $ 118 billion in 1985 and the IMF projections do not envisage any major decline in the next two
To read the full text Login
New 3 Month Subscription
to Digital Archives at
₹826for India
$50for overseas users
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.