Frontmatter -- Contents -- Acknowledgments -- Introduction. A Hidden Inequality -- Worlds of Uncertainty -- Chapter 1. Earning -- Chapter 2. Spending -- Chapter 3. Smoothing and Spiking -- How Families Cope -- Chapter 4. Saving -- Chapter 5. Borrowing -- Chapter 6. Sharing -- New Ways of Seeing...

Achieving fiscal consolidation without undermining growth and poverty-reduction efforts is a key policy challenge in many countries. Using India as an illustration, this paper shows how a mix of well-designed taxation and spending policies can help address these challenges. On the tax side, the...