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Running too fast

10 January 2011 By Hugo Dixon

It’s not just that the latest food inflation figures have reached 18 pct; the current account deficit is also high. The authorities need to get a grip, even if it means sacrificing 9 pct growth. Structural reforms, not loose policy, are the only sure way to sustain rapid growth.

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Running too fast

10 January 2011 By Hugo Dixon

It s not just that the latest food inflation figures have reached 18 pct; the current account deficit is also high. The authorities need to get a grip, even if it means sacrificing 9 pct growth. Structural reforms, not loose policy, are the only sure way to sustain rapid growth.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

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