The Challenge of Fiscal Adjustment in a Democracy : The Case of India

The Case of India

The Challenge of Fiscal Adjustment in a Democracy : The Case of India
India's fiscal problem has deep roots in its federal fiscal system, where multiple players find it difficult to coordinate adjustment. The size and closed nature of the Indian economy, aided by its deep domestic capital market and large captive pool of domestic savings, has disguised the cost of fiscal laxity and complicated the building of a... READ MORE...

Publication date: September 2004
ISBN 9781451858297
$15.00

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