ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Tamil Stir in Sri Lanka- Helping Hand to the Army

September 29, 1973 words, transferring real resources to these countries. The main opposition to the creation of additional SDRs has come, from the developed countries which feel that the present size of global reserves is more than adequate to finance the world's trade and payments. In fact, these countries go a step further to argue that the existing reserves are in excess of requirements and that the excess reserves are, to a great extent, responsible for generating world-wide in fiation. This contention is hardly valid, however. The overheating of the economies of the developed countries has been the result largely of a spurt in industrial activity, rising raw material. prices

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