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empirical evidence about actual country practices. This paper presents data on fiscal decentralization for about 80 countries … for transition economies, the levels of decentralization are relatively stable over the time period. The findings are … factors identified in the literature as determining the extent of fiscal decentralization …
Persistent link: https://www.econbiz.de/10014399352
-country evidence, based on a sample of developing and developed countries, that fiscal decentralization—the assignment of expenditure …
Persistent link: https://www.econbiz.de/10014399798
Based on cross-country data for up to 78 countries, this paper shows that fiscal decentralization-the assignment of … governance, such as corruption, rule of law, and government effectiveness. Unlike previous studies in the decentralization …/governance literature, which focus primarily on expenditure-based measures of decentralization, the results reported in this paper show that …
Persistent link: https://www.econbiz.de/10014401240
India’s 2005 Article IV Consultation reports that the government’s medium-term fiscal strategy is broadly appropriate …, and faster implementation is crucial for its economy. India’s growth spurt provides a golden opportunity to fast …
Persistent link: https://www.econbiz.de/10014404947
This Selected Issues paper for India reports that rapid growth is presenting new challenges to macroeconomic policy …
Persistent link: https://www.econbiz.de/10014405023
accelerate growth and reduce poverty. The paper assesses empirically whether India has entered a new phase of higher trend growth …
Persistent link: https://www.econbiz.de/10014405042
This paper presents background information to the assessment of competitiveness and exchange rate policy in India, as … enhancing the effectiveness of monetary policy and strengthening the financial system in India. Currency derivatives can provide … of the income distribution and how India can achieve significantly better social outcomes …
Persistent link: https://www.econbiz.de/10014405507
India’s strong growth and macroeconomic stability is owed to its sound macroeconomic policies and past structural … Reserve Bank of India maintains a strong focus on preserving financial stability. Further fiscal consolidation is essential to …
Persistent link: https://www.econbiz.de/10014405508
This 2004 Article IV Consultation highlights that India is on track for another year of robust growth in 2004 …
Persistent link: https://www.econbiz.de/10014405618
India’s financial system compares favorably internationally, but rising credit risk and liquidity pressures are putting … it under strain. The staff report for India’s 2008 Article IV Consultation discusses economic developments and policies …. The authorities have already taken numerous welcome measures in response to the crisis. The Reserve Bank of India has been …
Persistent link: https://www.econbiz.de/10014405816