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

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Collapse of Barings Bank-Case of Market Failure

Collapse of Barings Bank Case of Market Failure A S Bhalla The black and white view of the state vs markets is clearly exaggerated. Recent development debate has over-romanticised the successful role of the market and the private sector in promoting growth and reducing inefficiency. The collapse of Barings Bank is proof of this.

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