In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strategies, given certain assumptions about other macro policy choices and relevant exogenous factors. The...

Providing resource security for one group of stakeholders frequently entails loss of a certain degree of resource security for another group of stakeholders. The competing interests of winners and losers, and the ‘public good’ nature of many resource uses, makes it challenging to...