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Scholars of economic policy explore the origin, causes, and impacts of global economic recession, and survey remedial measures adopted by governments around the world, including India. Though the US sub-prime mortgage may be the immediate cause of the current economic recession, they say, it could not have had such impact without instability at the fundamental level, and that is where they investigate. Among the topics are the global financial crisis and its impact on India, recession in developed countries, and effects of saving and consumption habit on recovering from global crisis. Distributed in the US by ISBS. Annotation c2011 Book News, Inc., Portland, OR (booknews.com)
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