Themes from a Life in Public Finance
Public Economics: Theory and Policy: Essays in Honor of Amaresh Bagchi edited by M Govinda Rao and Mihir Rakshit (New Delhi: Sage Publications), 2011; pp 364, Rs 795.read more
View ArticleVertical Sharing and Horizontal Distribution of Resources: The Equity and...
Examining the key recommendations of the Thirteenth Finance Commission that have a bearing on vertical and horizontal transfers aimed at correcting imbalances in the system, this paper takes a critical...
View ArticleReforming India's Fiscal Transfer System: Resolving Vertical and Horizontal...
Two central problems in a fiscal transfer system relate to resolving vertical and horizontal imbalances. This paper looks at the methodological background of fiscal transfers followed by recent finance...
View ArticleRural Poverty in Madhya Pradesh
This study examines the incidence of rural poverty in Madhya Pradesh based on a field survey of 2,208 rural households spread over 11 districts. The issues of poverty are examined in a multidimensional...
View ArticleFRBM Act and Eleventh Plan Approach Paper
This article argues that the time phasing problem highlighted in the approach paper to the Eleventh Plan is the outcome of specific assumptions used in the projections, which are not always justified....
View ArticleFiscal Deficits and Government Debt
This paper examines the long-term profile of the fiscal deficit and debt relative to GDP in India, with a view to analysing debt-deficit sustainability issues, along with relevant considerations to...
View ArticleFiscal Transfers in Australia
This paper examines the working of Australia's fiscal transfer system in the context of its long-term evolution, paying particular attention to salient changes that have occurred since the introduction...
View ArticleFiscal Transfers in Canada
The Canadian system of fiscal transfers, developed over a long period of time, has two central features: equalisation grants, which are constitutionally guaranteed and the Canadian Health and Social...
View ArticleDynamics of Debt Accumulation in India
Accumulation of debt can be seen as the resultant of the balance between cumulated primary deficits and the cumulated weighted excess of growth over interest rate. Decomposing the change in the central...
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