ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Into Troubled Waters-India s BoP Situation and Gulf Crisis

India's BoP Situation and Gulf Crisis KR Holla The present oil shock will have worse consequences for India than did the earlier two crises in the 1970s. For various reasons balance of payments adjustments then were easier to work out. What is the situation today? An assessment.

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