India Public Finance and Policy Report 2016

Fiscal Issues and Macro Economy

ISBN:

9780199472056

Publication date:

03/08/2016

Paperback

168 pages

ISBN:

9780199472056

Publication date:

03/08/2016

Paperback

168 pages

Edited by Jyotsna Jalan, Sugata Marjit & Sattwik Santra

The India Public Finance and Policy Report 2016 debates contemporaneous issues in public finance and public policy from a national and a global perspective. This inaugural volume on ‘Fiscal Issues and Macro Economy’ presents a comprehensive survey of India’s fiscal policy, offering new insights on the state of public finance in the country from a contemporary, historical, and futuristic perspective.

Edited by Jyotsna Jalan, Sugata Marjit & Sattwik Santra

Description

The India Public Finance and Policy Report 2016, a flagship endeavour of the Centre for Training and Research in Public Finance and Policy (CTRPFP), debates contemporaneous issues in public finance and public policy from a national and a global perspective. This inaugural volume on ‘Fiscal Issues and Macro Economy’ presents a comprehensive survey of India’s fiscal policy, offering new insights on the state of public finance in the country from a contemporary, historical, and futuristic perspective.
Among other areas, the report addresses the
• dynamic interlinkages between different macroeconomic variables
• importance of intergovernmental transfers in states’ fiscal performance
• effect of fiscal policies of global leaders on South Asian economies
• connections between the demographic patterns and economic growth
• role of imports in economic development
• interdependencies of fiscal policies within South Asian countries
• impact of external factors on domestic fiscal policy
• comparative fiscal performance of Indian states, using latest statistics
Written in lucid and non-technical language, this is an authoritative and in-depth commentary on the essential policy debates of present-day India.

About the Editors

Jyotsna Jalan
is Professor of Economics, Centre for Studies in Social Sciences, Calcutta (CSSSC), India.
Sugata Marjit is Vice Chancellor, University of Calcutta, Kolkata, India and the Reserve Bank Chair of Industrial Economics, CSSSC.
Sattwik Santra teaches economics at the Centre for Training and Research in Public Finance and Policy (CTRPFP), CSSSC.

Edited by Jyotsna Jalan, Sugata Marjit & Sattwik Santra

Table of contents


Preface
Acknowledgements
List of Tables, Figures, and Boxes
List of Abbreviations and Acronyms
India’s Fiscal Policy: Past, Present, and the Way Forward Centre for Training and Research in Public Finance and Policy
1. Intergovernmental Transfers and Fiscal Performance of Indian States
Jayanta Kumar Dwibedi
2. Deficit Management and Its Implications for Inflation
M. Ramachandran and Hersch Sahay
3. Demographic Changes and Economic Growth: Observations from India
Pranab Kumar Das and Saibal Kar
4. India: Importing Growth from Abroad?
Sugata Marjit and Sattwik Santra
5. Fiscal Policy Interdependencies and Contagion Effects in South Asia
Fabrizio Carmignani
6. Assessing Fiscal Performance of Indian States: A Composite Fiscal Index
Sugata Marjit, Jayanta Kumar Dwibedi, and Koushik Kumar Hati
Statistical Appendix
About the Editors and Contributors

Edited by Jyotsna Jalan, Sugata Marjit & Sattwik Santra

Edited by Jyotsna Jalan, Sugata Marjit & Sattwik Santra

Review

‘… combines the necessary historical perspective with a close focus on the current outlook and the predicaments of the post-financial-crisis period.’—Michele Boldrin, Washington University, St. Louis, USA
‘[T]he chapters provide a competent portrayal of some of the contemporary issues pertaining to the Indian economy.’—Abhirup Sarkar, Indian Statistical Institute, Kolkata, India
‘… represents yet another important contribution of CTRPFP to the development of sound public policy in India.’—Flavio M. Menezes, The University of Queensland, Brisbane, Australia

Edited by Jyotsna Jalan, Sugata Marjit & Sattwik Santra

Description

The India Public Finance and Policy Report 2016, a flagship endeavour of the Centre for Training and Research in Public Finance and Policy (CTRPFP), debates contemporaneous issues in public finance and public policy from a national and a global perspective. This inaugural volume on ‘Fiscal Issues and Macro Economy’ presents a comprehensive survey of India’s fiscal policy, offering new insights on the state of public finance in the country from a contemporary, historical, and futuristic perspective.
Among other areas, the report addresses the
• dynamic interlinkages between different macroeconomic variables
• importance of intergovernmental transfers in states’ fiscal performance
• effect of fiscal policies of global leaders on South Asian economies
• connections between the demographic patterns and economic growth
• role of imports in economic development
• interdependencies of fiscal policies within South Asian countries
• impact of external factors on domestic fiscal policy
• comparative fiscal performance of Indian states, using latest statistics
Written in lucid and non-technical language, this is an authoritative and in-depth commentary on the essential policy debates of present-day India.

About the Editors

Jyotsna Jalan
is Professor of Economics, Centre for Studies in Social Sciences, Calcutta (CSSSC), India.
Sugata Marjit is Vice Chancellor, University of Calcutta, Kolkata, India and the Reserve Bank Chair of Industrial Economics, CSSSC.
Sattwik Santra teaches economics at the Centre for Training and Research in Public Finance and Policy (CTRPFP), CSSSC.

Read More

Reviews

‘… combines the necessary historical perspective with a close focus on the current outlook and the predicaments of the post-financial-crisis period.’—Michele Boldrin, Washington University, St. Louis, USA
‘[T]he chapters provide a competent portrayal of some of the contemporary issues pertaining to the Indian economy.’—Abhirup Sarkar, Indian Statistical Institute, Kolkata, India
‘… represents yet another important contribution of CTRPFP to the development of sound public policy in India.’—Flavio M. Menezes, The University of Queensland, Brisbane, Australia

Read More

Table of contents


Preface
Acknowledgements
List of Tables, Figures, and Boxes
List of Abbreviations and Acronyms
India’s Fiscal Policy: Past, Present, and the Way Forward Centre for Training and Research in Public Finance and Policy
1. Intergovernmental Transfers and Fiscal Performance of Indian States
Jayanta Kumar Dwibedi
2. Deficit Management and Its Implications for Inflation
M. Ramachandran and Hersch Sahay
3. Demographic Changes and Economic Growth: Observations from India
Pranab Kumar Das and Saibal Kar
4. India: Importing Growth from Abroad?
Sugata Marjit and Sattwik Santra
5. Fiscal Policy Interdependencies and Contagion Effects in South Asia
Fabrizio Carmignani
6. Assessing Fiscal Performance of Indian States: A Composite Fiscal Index
Sugata Marjit, Jayanta Kumar Dwibedi, and Koushik Kumar Hati
Statistical Appendix
About the Editors and Contributors

Read More