Easing Out Road Blocks to Growth

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DRN’s eye-opener presents a positive economic outlook for 1995-1996 but with a “let’s hold off the rejoicing for now” tone. This article cites the government’s success in enticing investments into the country. This in itself is good news. But since economic realities hardly exist in a vacuum, even such good news has its gray areas. Take the peso appreciation caused by the surge in capital in the last months. The government’s financial managers may have to do a balancing act. The authors tell us why.