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The paper uses a multi-region DSGE model to quantify the macroeconomic implications of three adjustment scenarios for India: growth-friendly, social-friendly, and a benchmark case centered on bringing down unproductive spending and strengthening the consumption tax. Simulations indicate that...
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The impact assessment of macroeconomic policies on public health expenditure is very relevant in Indian economy because … of tax reform, fiscal consoli- dation, and expenditure policy reform. These have been undertaken after economic … slowing down of growth in public health expenditure and a huge disparity in the allocation of budget toward health care among …
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