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India's External Vulnerability

26 September, 2018, C.P. Chandrasekhar & Jayati Ghosh

While the rise in oil prices explains the sudden deterioration of the current account balance in India's external payments, it also signals the vulnerability to inevitable shocks that is inherent in the changing structure of India's external trade relations.

* This article was originally published in the Business Line on September 25, 2018.



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