Abstract
The note discusses three major questions which attracted the public attention soon after the devaluation of the rupee in 1966: (1) Will devaluation increase our foreign exchange earnings significantly? (2) Will it accelerate the pace of import substitution? (3) Is a general price rise inevitable in the wake of devaluation?
Additional Information
| Product Type | Case |
|---|---|
| Reference No. | ECO0120 |
| Title | Devaluation: Implications For The Indian Economy |
| Pages | 5 |
| Published on | Jan 1, 1967 |
| Year of Event | 1966 |
| Authors | Paul, S; |
| Area | Economics (ECO) |
| Sector | Government |
| Country | India |
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