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This article examines the nature of India's federal system, and recent and potential reforms in its structure and … working. We summarize key federal institutions in India, focusing particularly on the mechanisms for Center-state transfers … federation. We examine the evidence on how India's political economy has affected the practical workings of the transfer …
Persistent link: https://www.econbiz.de/10011520548
Persistent link: https://www.econbiz.de/10003377017
This article examines recent and potential reforms in India’s fiscal federal system. We summarize key federal … institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the … context of, and been influenced by, broader economic reform in India. -- Intergovernmental transfers ; economic reform …
Persistent link: https://www.econbiz.de/10003855408
evidence that India has entered a phase of high and sustainable growth. In fact, the economic trends point in the opposite … direction. The main pillars on which the revival of Indian economic growth was to have been founded - industrial production and … exports - have revealed their vulnerability. In both the major material production sectors - (industry and agriculture) growth …
Persistent link: https://www.econbiz.de/10013098837
This article examines the nature of India's federal system, and recent and potential reforms in its structure and … working. We summarize key federal institutions in India, focusing particularly on the mechanisms for Center-state transfers … federation. We examine the evidence on how India's political economy has affected the practical workings of the transfer …
Persistent link: https://www.econbiz.de/10014072164
concludes that a country such as India cannot afford to neglect strengthening institutional capacity in order to sustain reform …
Persistent link: https://www.econbiz.de/10014208876
Persistent link: https://www.econbiz.de/10009702611
In this paper we examine several dimensions of economic reform in India, in the context of the country's federal system … and of globalization, i.e., we explicitly recognize that the national government has subnational governments below it, and … concentration of FDI in India's more liberalized economy. The second group of reforms includes tax reforms, reform of center …
Persistent link: https://www.econbiz.de/10014114775
took place in financial regulation sector during liberalisation of its economy in 1991. Pre liberalisation India had a … intervention. It could be argued that India was a pre regulatory state before liberalisation reforms. Instead of independent … for foreign investment, and setting up of sector specific regulators – India arguably became a ‘regulatory state’. I aim …
Persistent link: https://www.econbiz.de/10014084347
Persistent link: https://www.econbiz.de/10014280819