Deficit Financing and Economic Development in India
Author: Manorma Hukku
Publisher: Mittal Publications
Published: 1989
Total Pages: 316
ISBN-13: 9788170991632
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Author: Manorma Hukku
Publisher: Mittal Publications
Published: 1989
Total Pages: 316
ISBN-13: 9788170991632
DOWNLOAD EBOOKAuthor: Ram Niranjan Tripathy
Publisher: Mittal Publications
Published: 1985
Total Pages: 354
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Daniel Leigh
Publisher: International Monetary Fund
Published: 2011-07-01
Total Pages: 41
ISBN-13: 1455294691
DOWNLOAD EBOOKThis paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Author: Anne O. Krueger
Publisher:
Published: 2003
Total Pages: 280
ISBN-13:
DOWNLOAD EBOOKThis book examines both significant achievements and setbacks in economic policy made in India throughout the 1990s.
Author: J.N. Mongia
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 828
ISBN-13: 9400946147
DOWNLOAD EBOOKIt has been often said, even by dispassionate observers, that our economic policies built on ideological considerations and economic assumptions are far removed from the realities of our situation. For more than three decades, we have been striving to design an economic policy and a planning procedure that are distinctly Indian, but the effort has often resulted in only mixing and merging borro wed ideas and experiences. However, whatever may have been the ideological elements influencing the thinking on economic policies in the formative period of the pre-independence days, the situation has changed considerably in the actual formation of economic policies since Independence, and the effort has been not to be too closely identified with any ideology, but to work out a policy that will draw upon all these ideological positions. To what extent we have succeeded, required a detailed examination. Accordingly, I brought out, a few years ago, a treatise on 'India's Economic Policies' which continues to be extremely popular, with the inteIlec tual elite, the world over. In this, the learned contributors, dwelt at length on the different aspects of India's Economic Policies from 1947-77, and brought out the strength and weaknesses of the Indian economic scene. The present work on 'India's Economic Development Strategies' is born out of the conviction that what India needs now is a set of strategies, which are a consistent set of policies, and that there is an urgent need for the same in Indian Planning.
Author: Ār. Ji Kulakarṇī
Publisher:
Published: 1966
Total Pages: 424
ISBN-13:
DOWNLOAD EBOOKStudy of fiscal policy and monetary policy action in respect of deficit financing and the effect thereof on economic development, with particular reference to India - examines the application thereof in times of economic recession and includes historical examples. Statistical tables.
Author: OECD
Publisher: OECD Publishing
Published: 2019-12-24
Total Pages: 146
ISBN-13: 9264823514
DOWNLOAD EBOOKIndia has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.
Author:
Publisher: New Age International
Published:
Total Pages: 738
ISBN-13: 9788122414721
DOWNLOAD EBOOKAuthor: TR Jain, SJ Kaur, Ashok Gupta and Sat Pal Gupta
Publisher: FK Publications
Published:
Total Pages:
ISBN-13: 9788187344124
DOWNLOAD EBOOKAuthor: Jaejoon Woo
Publisher: International Monetary Fund
Published: 2010-07-01
Total Pages: 49
ISBN-13: 145520157X
DOWNLOAD EBOOKThis paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost four decades, takes into account a broad range of determinants of growth as well as various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and differences between advanced and emerging market economies are examined. The empirical results suggest an inverse relationship between initial debt and subsequent growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.2 percentage points per year, with the impact being somewhat smaller in advanced economies. There is some evidence of nonlinearity with higher levels of initial debt having a proportionately larger negative effect on subsequent growth. Analysis of the components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to reduced investment and slower growth of capital stock.