Sol W. Sanders MUMBAI (BOMBAY), India — Is the Indian economy retreating back into “the Hindu rate of growth” which characterized the stagnation of four decades when New Delhi ran the economy with its imitation of Soviet planning? A returning former resident finds more than a touch of Calcutta’s notorious chaos and poverty in […]
Sol W. Sanders The new year’s worldwide economic downturn has an interlocking effect: every national economy is searching to accommodate itself politically as well as economically to what looks to be an extended period of low growth. After longer or shorter periods of historically unrivaled prosperity, they are feeling for a “bottom” — a level […]
