Fardoust, Shahrokh; Ravishankar, V.J. - 2013
expenditures, as in China and India, the impact was magnified. Increases in recurrent expenditure, which were made in Brazil and … India, acted as short-term stimulants; additional public investment, as in China, appears to have had a more lasting impact … integration, resulting in differential magnitude and timing of the crisis impact. For example, coastal states in India were …