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Both central and state governments have carried out significant correction of financial imbalances since 2000, through the implementation of fiscal reforms including enactment of fiscal responsibility (FR) acts. However, the improvement in the finances of all states in aggregate hides wide...
Persistent link: https://www.econbiz.de/10012557313
India, as well as internationally, about the state of the economy, and India's development potential. Nonetheless, and … particularly since the late nineties, when India's states experienced a sharp fiscal deterioration, they have faced a squeeze on … at reducing deficits, and enabling effective interventions in priority areas. States in India play an increasingly …
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"In this paper, the author attempts to identify the characteristics of the business climate in India that can help … identify the key features of a poor business environment in India. The analysis shows that infrastructure and institutions …
Persistent link: https://www.econbiz.de/10011394111
"Alm, Annez, and Modi review the options for reform of stamp duties on immovable property transfers collected by Indian state governments. After briefly reviewing some of the many administrative difficulties experienced with the tax, they turn to an examination of its economic impacts. A review...
Persistent link: https://www.econbiz.de/10010522921
India has embarked on a substantial program of decentralization following the 73rd and 74th Amendment Acts to the …-district (block), and village and urban local levels. The World Bank's India program is interested in these developments and is … considering how it should support the Government of India (GoI) objectives in these governance reforms. A wide range of support …
Persistent link: https://www.econbiz.de/10012557312
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Belarus faces significant fiscal challenges, stemming from the structural features of its economic model. As of mid-2011, under a severe exchange rate and balance of payments crisis, the Government needs to pursue a carefully sequenced strategy of macroeconomic adjustment coupled with a strong...
Persistent link: https://www.econbiz.de/10012550582