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

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High Cost of Funds Forces Industrial Slow-Down

EPW Research Foundation High Cost of Funds Forces Industrial Slow-Down The heavy burden imposed by the high real rates of interest both on the government budget and on productive activity in the public and private sectors is coming to the surface more sharply than ever before. There are in fact ominous signs of an incipient slow-down of industrial growth.

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