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Friday, November 30, 2001

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Global downturn

K. P. Padmakumar, e-mail

This refers to the analytical and thought-provoking piece on Global downturn and prospect of recovery (Business Line, November 27). The authors have illuminated the genesis of the current slow down and the pivotal role played by the US economy in it. Th e authors could have looked at the prospects of revival now that the US Government with increased spending is pump priming their economy.

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