ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Danger Zones of High Economic Growth

The powerful feedback mechanism of raising growth and inequality simultaneously combines restraint on government welfare spending, wilful default of bank loans by corporate houses and land acquisition for them. This creates not just a vicious circle but a rising and expanding spiral driven by a strategy of promoting the climate for private investment.



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