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

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Politics-Garhwal s Distinction

that market added up to some $ 90 billion. Thus practically all the funds lent by the oil-exporting countries were recycled by the market to the non-oil underdeveloped . countries. Could not a direct arrangement be worked out between the two groups of underdeveloped countries which is mutually satisfactory and at the same time frees them both from the control of a mechanism in whose operation and regulation they have no say whatsoever?

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