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This paper provides the first systematic attempt to measure cultural diversity at national and subnational levels. Our measure reflects the degree to which values and beliefs are shared in society and captures a dimension of diversity not previously discussed. We assess the importance of...
Persistent link: https://www.econbiz.de/10014153030
Andhra Pradesh is one of the pioneering States to earnestly initiate economic and fiscal reform at the Subnational level in India. Prior to the 1996 reform program, the State's budgetary position was under severe stress as in many States in India. The economic growth was below potential,...
Persistent link: https://www.econbiz.de/10014128852
The economic slow-down of several States in India including Gujarat during the later half of 90s has caused considerable disturbance in the State's fiscal equilibrium. The fiscal deficit has more than doubled during last five years and government's debt has jumped up from 17 percent of GSDP to...
Persistent link: https://www.econbiz.de/10014134171
Delays and cost overruns in Public Sector investments can raise the capital-output ratio in the sector and elsewhere, bringing down the efficacy of investments. Yet there are no estimates of the delays and cost overruns, and of their opportunity cost. This study arrives at rough estimates of the...
Persistent link: https://www.econbiz.de/10014028423
Through a review of the literature, this chapter describes observed forms of alternative finance around the world, as well as their roles. It also uses World Bank Survey Data to empirically compare alternative finance development across countries. We find that alternative finance is essential...
Persistent link: https://www.econbiz.de/10014349466
(Iirsa), launched in September 2000, during the First Meeting of the Presidents of South America, held in Brasilia, Brazil … the Iirsa is one of the most ambitious physical integration programs ever developed in the region. …
Persistent link: https://www.econbiz.de/10010503439
"La Iniciativa para la Integración de la Infraestructura Regional Sudamericana (IIRSA) ha sido el mayor y más ambicioso … oceánicos y a los mercados globales. Los corredores logísticos de la IIRSA han representado en las últimas dos décadas un sueño … de la IIRSA de una manera innovadora, no limitándose a describir las disputas geopolíticas que se han jugado en torno a …
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