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Making the most of cheap oil (English)

An uneven recovery and diverging monetary policy across major developed countries remain a challenge for developing and emerging market economies. But plunging oil prices bring in real income shifts and a distinct set of opportunities for oil importers. In South Asia cheaper oil imports are reducing subsidy bills and easing inflationary pressures. Supported by this benign external environment and on the back of robust consumption growth in India...
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Chaudhuri,Shubham; Kitzmuller,Markus; Rama,Martin G.; Lopez-Acevedo,Gladys C..

Making the most of cheap oil (English). (Spring 2015)|South Asia economic focus Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/892471468296407057

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