..... the current bout of policymaking—allopathic economic policy—is countering the tendencies of the economy, but is not addressing the pathological problems or leveraging the structural strengths of the system. For instance, the measures taken to increase the inflows of foreign savings and help “broaden the class of investors and provide more depth to the market” can be of little macroeconomic consequence when the rate of savings in the economy at present is a staggering 36% of gross domestic product.....
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