Showing 1 - 10 of 497
This paper examines India’s federal system in the context of prospects for India’s future economic growth and … development. After a brief review of India’s recent policy reforms and economic development outcomes, and of the country’s federal … institutions, the analysis focuses on the major issues with respect to India’s federal system in terms of their developmental …
Persistent link: https://www.econbiz.de/10005787082
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. …
Persistent link: https://www.econbiz.de/10005837483
The purpose of this paper is to identify the causal relationship between intergovernmental transfers and fiscal effort. Empirical evidence from Peruvian municipalities supports a negative relation. The substitution effect is decreasing on the level of municipalities’ expenditure and tends to...
Persistent link: https://www.econbiz.de/10005619493
This paper provides a self-contained overview of the present problems of state finances in India. It begins with an … aspects of India’s federal system. The paper then reviews the current situation of India’s state government finances, going on …
Persistent link: https://www.econbiz.de/10005619591
This paper studies intergovernmental transfers. Many intergovernmental transfers are said to serve political purposes. We augment a standard model of political career concerns to allow for multilevel governance. When elections are simultaneous, there is no equilibrium with non-zero transfers as...
Persistent link: https://www.econbiz.de/10008756496
Fiscal federalism has been an important topic among public finance theorists in the last four decades. Developing and transition countries have developed a variety of forms of fiscal decentralization as a possible strategy to achieve effective and efficient governmental structures. A generalized...
Persistent link: https://www.econbiz.de/10008839209
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighboring district,...
Persistent link: https://www.econbiz.de/10005785830
re-unification. It analyzes its distributional effects of the Finanzausgleich, which are found to be strong, sometimes …
Persistent link: https://www.econbiz.de/10005789455
. India is taken as a case study. Although, there have been many studies which attempted to find out the relationship between … between the stock market and economic growth in India. The study reconfirms the traditional belief that the real economic … variables continue to affect the stock market in the post-reform era in India and also highlights the insignificance of certain …
Persistent link: https://www.econbiz.de/10011212585
more resilient than that was expected for many emerging countries during the economic downturn of 2008-09. In India, the … shopping revolution in India. Modern retailing has entered into the retail market in India and is observed in the form of …, online shopping, etc., leading to a considerable growth of retail sector in India. …
Persistent link: https://www.econbiz.de/10011271301