This blog covers research work in Economics with focus on India. Adam Posen tries to solve one of the big mysteries of world economy at this moment- Why inflation remains high despite significant output loss/stress in UK economy? Other advanced economies are staring at disinflation (if not deflation) but not UK. Inflation for May 2010 is 3.4%, lower than 3.7% in April 2010. This is nearly 1.5% hig
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