This research publication through the Ministry of Finance (Government of Karnataka) is a comparative study of national budgetary policy between India, the US, the UK, and Japan. The vast difference in their politico-economic history and these countries' pertinence in the global economy make them...

Against the commonly accepted view that in the run-up to EMU the Maastricht fiscal restraints were quite effective in re-aligning public finances in Member States that were showing large excessive deficits, Strauch and von Hagen stress that there are some objections concerning this initial sign...