Oil importing countries faced an unassailable challenge with the "historic high" price of oil. In 1864, a barrel of Pennsylvanian oil traded for 8.06 in dollars of the day ($97.79 of 2004) and in......
Much has been written in Indian newspapers of the danger and unsustainability of fiscal deficits, but little has been said about the risks of fiscal consolidation. It is therefore salutary to look......