A.W.O.L.

Taking an economy down from a 9.2% rate of growth to 5.3% in a year takes some doing. It almost seems like two countries, sitting in the debris left behind by a policy regime that has crash-landed the economy without any emergency. There was no drought, no calamity (unless one considers this government as one). And, in the analysis of most pundits, this is the Asian economy with the least linkages with the rest of the world.

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