An Examination of the Sustainability of Indian Fiscal Policy

An Examination of the Sustainability of Indian Fiscal Policy PDF Author: Nilss Olekalns
Publisher:
ISBN: 9780734016898
Category : Debts, Public
Languages : en
Pages : 17

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Book Description

An Examination of the Sustainability of Indian Fiscal Policy

An Examination of the Sustainability of Indian Fiscal Policy PDF Author: Nilss Olekalns
Publisher:
ISBN: 9780734016898
Category : Debts, Public
Languages : en
Pages : 17

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Book Description


A Sustainable Fiscal Policy for India

A Sustainable Fiscal Policy for India PDF Author: Peter S. Heller
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 486

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Book Description
India's economy has grown rapidly since the beginning of the 1990s despite a large and growing fiscal deficit and rising public levels relative to output. This book explores whether India has found a way to reconcile sustained expansionary fiscal policies with relative macroeconomic stability.

Fiscal Policies and Sustainable Growth in India

Fiscal Policies and Sustainable Growth in India PDF Author: Edgardo Favaro
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
Addresses Issues Such As-Sustainablity Of Fiscal Deficits, The Role Of Tax Enhancing Measures, Cuts In Government Spacing, The Impact Of Government Spacing On Economic Growth And The Agenda For Policy Makers In The Future. Contains 12 Papers.

Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives

Fiscal Sustainability of Health Systems Bridging Health and Finance Perspectives PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264233385
Category :
Languages : en
Pages : 264

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Book Description
The health systems we enjoy today, and expected medical advances in the future, will be difficult to finance from public resources without major reforms. Public health spending in OECD countries has grown rapidly over most of the last half century. These spending increases have contributed to ...

Fiscal Policy and Long-Term Growth

Fiscal Policy and Long-Term Growth PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344658
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Primary Surpluses and sustainable Debt Levels in Emerging Market Countries

Primary Surpluses and sustainable Debt Levels in Emerging Market Countries PDF Author: Mr.Abdul Abiad
Publisher: International Monetary Fund
ISBN: 1451975708
Category : Business & Economics
Languages : en
Pages : 19

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Book Description
This paper aims to put some constraints on the way primary surpluses are projected when making assessments of public debt sustainability. Projections should be tied either to the country's historical track record in generating surpluses-if the institutional and other factors accounting for this track record are expected to persist-or to some model that links primary surpluses to their fundamental determinants, either on the basis of constant institutions and policies or a credible reform program. History-based or model-based primary surplus projections provide a useful benchmark for judging the realism of fiscal forecasts underlying debt sustainability calculations. Together with information on future growth and interest rates, the primary surplus projections can be used to generate measures of overborrowing, and the magnitude of adjustment needed to return debt to a sustainable level.

Fiscal Rules—Anchoring Expectations for Sustainable Public Finances

Fiscal Rules—Anchoring Expectations for Sustainable Public Finances PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498335160
Category : Business & Economics
Languages : en
Pages : 73

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Book Description
The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules in supporting fiscal consolidation, discusses the design and implementation of rules based on a new data base spanning the whole Fund membership, and explores the fiscal framework that could be adopted as countries emerge from the crisis.

Public Debt Sustainability in Developing Asia

Public Debt Sustainability in Developing Asia PDF Author: Benno Ferrarini
Publisher: Routledge
ISBN: 0415522218
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Addressing the global financial crisis has required fiscal intervention on a substantial scale by governments around the world. The consequent buildup of public debt, in particular its sustainability, has moved to center stage in the policy debate. If the Asia and Pacific region is to continue to serve as an engine for global growth, its public debt must be sustainable. Public Debt Sustainability in Developing Asia addresses this issue for Asia and the Pacific as a whole as well as for three of the most dynamic economies in the region: the People’s Republic of China, India, and Viet Nam. The book begins with a discussion of the reasons for increased attention to debt-related issues. It also introduces fiscal indicators for the Asian Development. Bank’s developing member countries and economies. The sustainability of their debt is assessed through extant approaches and with the most up-to-date data sources. The book also surveys the existing literature on debt sustainability, outlining the main issues related to it, and discusses the key implications for the application of debt sustainability analysis in developing Asia. Also highlighted is the importance of conducting individual country studies in view of wide variations in definitions of public expenditure, revenues, contingent liabilities, government structures (e.g., federal), and the like, as well as the impact of debt on interest rates. The book further provides in-depth debt sustainability analyses for the People’s Republic of China, India, and Viet Nam. Public Debt Sustainability in Developing Asia offers a comprehensive analytical and empirical update on the sustainability of public debt in the region. It breaks new ground in examining characteristics that are crucial to understanding sustainability and offers richer policy analysis that should prove useful for policymakers, researchers, and graduate students.

The Effectiveness of Fiscal Policy in Stimulating Economic Activity

The Effectiveness of Fiscal Policy in Stimulating Economic Activity PDF Author: Richard Hemming
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 62

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Book Description
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.

Debt Sustainability of Subnational Governments in India

Debt Sustainability of Subnational Governments in India PDF Author: Hari Krishna Dwivedi
Publisher: Oxford University Press
ISBN: 0198903138
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
In 2020, for the first time in history, the world's debt as a percentage of its gross domestic product exceeded 100%. Although it has come down slightly since then, there are concerns about where the next debt crisis will happen, given that Pakistan and Sri Lanka have already found themselves in debt crises. India's overall fiscal health and macro-economic conditions remain stable, but the same may not be completely true when the discussion shifts to India's subnational entities. In Debt Sustainability of Subnational Governments in India: Lessons from International Debt Crises, Dwivedi attempts to answer this question by analysing the debt sustainability of the states in the context of many emerging issues and challenges to their fiscal health with the aim of providing usable and practical recommendations that can ensure the fiscal health of the subnational governments in India and across the world. Focusing on the state or provincial governments, Dwivedi addresses the debt that the government undertakes to fund its programmes and examines whether such governments are indulging in taking excessive debt. Some of the aspects covered in the book include international experiences with excessive borrowings or debt creation and the learnings from these experiences, trends of state government debt (subnational debt), emerging issues that pose challenges to state finances, and recommendations to control debt from spiralling out of control.