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An Indian laborer works in a factory in Dholka, on the outskirts of Ahmadabad, India, on May 31, 2010.Ajit Solanki

A daily roundup of the best economic posts on the Web



What's really behind India's manufacturing miracle?

A study on VoxEU takes issue with conventional explanations (trade liberalization, de-licensing) for the growth of India's manufacturing sector over the past 20 years. It argues that a key factor for the success of Indian manufacturing may lie in the services sector.

Real time CPI: Get ready for the Google price index

Naked Capitalism picked up a Financial Times report that Google is building the 'Google Price Index' - a daily reading of inflation using its vast storehouse of Web shopping data.





Saving your way to a lottery win



Frances Woolley on Worthwhile Canadian Initiative says people will never stop buying a ticket for a chance at a better future, so there's no point in killing government lotteries. She suggests that lottery-linked savings accounts could boost low-income people's savings rates.



U.S. GDP and the jobless

Calculated Risk crunches U.S. GDP scenarios and uses a version of Okun's Law to predict the unemployment rates for next year.





Hard to pick a winner in currency fight

Naked Capitalism has a nice roundup of the weekend's currency chatter following the IMF meeting, including a link to economist Tim Duy, who predicts a bloody conclusion to the current global fight.





Not so fast with the austerity

The Economist warns developed countries to stop focusing on short-term austerity measures and focus on growth.

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