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Traditional methods of exports/imports / local economies growths perhaps reached their peaks in delivering performance. Monetary and fiscal policies have failed in perform in India/other economies in controlling inflation/deflation/recession etc. Millions of tonnes of materials have moved from this part of the earth to another for value additions. Perhaps similar quality nations have to market themselves and not the commodities. Once the Nations market themselves; the economics shall open up 1000 times for each other and that shall lay the foundation for growth for next 50 years.
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Dec 22, 2013