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This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with an overview of the basic features and recent developments in intergovernmental fiscal relations, including the role of political institutions, the specifics of legislative and...
Persistent link: https://www.econbiz.de/10010322717
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the institutional process by which reforms can and do take place,...
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It is generally believed that the structural reforms that usher in competition and force companies to become more efficient were introduced later in India following the macroeconomic crisis in 1991. However, whether the post-1991 growth is an outcome of more efficient use of resources or greater...
Persistent link: https://www.econbiz.de/10010268573
The Australia South Asia Research Centre (ASARC) was established in 1994 in one of the premier universities of the world - The Australian National University (ANU). Apart from its research and doctoral training activities, ASARC also needed a public forum with a global reach to involve the best...
Persistent link: https://www.econbiz.de/10012990242
Economic policy and policy reform over the last few decades has been motivated by the need to accelerate growth or equivalently to reverse a decline in growth rate. The economic literature on the determinants of growth has burgeoned and disagreement has followed consensus on the policy...
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