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WEF India Economic Summit

"The consumption model cannot be sustained"

Sunday, November 13, 2011 - 08:55

Nov. 13 - The global economic crisis shows that the developed world's reliance on debt and consumption to propel their economies will no longer work, S. Gopalakrishnan tells Chrystia Freeland. The executive Co-Chairman of Infosys, a global IT company, says income levels in the West will fall.

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"The consumption model cannot be sustained"

Sunday, November 13, 2011 - 08:55