Reaching for a new deal: ambitious governance, economic meltdown, and polarized politics / Theda Skocpol, Lawrence R. Jacobs -- Hard-fought legacy: Obama, congressional democrats, and the struggle for comprehensive health care reform / Lawrence R. Jacobs, Theda Skocpol -- Eliminating the market...

The paper develops a forward-looking comprehensive accounting framework for the public sector. By integrating the public sector budget constraint forward in time the government's present value budget constraint (PVBC) is obtained. In addition to the familiar financial assets and liabilities,...

section 1. Overall macroeconomic policy regime and its linkages with fiscal policy -- section 2. Pressing concerns relating to fiscal federalism in India -- section 3. Public policies and institutions towards addressing the development deficits