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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (483)	5/13/1998 9:42:00 AM
From: Rational	Respond to of 12475

The World Bank and IMF want India to take loans and so they will be more hurt than India. Once I was talking to a WB Director and he asked me why India did not draw all the money and rather returned the part she had drawn. I was surprised about the question because Indian policy with respect to WB loans was not surprising to me; borrow from these institutions only when you need based on how you define the need not how the WB defines. Now, WB/IMF experts are praising Indian restrictive foreign investment policy.