This paper provides an overview of the fiscal problems faced by five urban agglomerations in India, namely, Delhi, Hyderabad, Kolkata, Chennai, and Pune. It analyzes the fiscal health of the five urban agglomerations, quantifies their revenue capacities and expenditure needs, and draws policy...

Chapter 1: Introduction -- Chapter 2: Finances of Dhaka City Corporations and Kolkata Municipal Corporation -- Chapter 3: Fiscal health of Dhaka and Kolkata cities -- Chapter 4: Conclusions and Recommendations.

The paper is the first to derive and analyse theoretically the equilibrium properties of 'revenue neutral auctions', in the context of tradable pollution rights. By 'revenue neutrality' we mean that the objective of the agency distributing the rights is not to maximize earnings from the auction...

The paper is the first to derive and analyse theoretically the equilibrium properties of 'revenue neutral auctions', in the context of tradable pollution rights. By 'revenue neutrality' we mean that the objective of the agency distributing the rights is not to maximize earnings from the auction...