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The
India Public Finance and Policy Report: Fiscal Issues and Macro Economy gives a comprehensive overview of the fiscal performance of Indian states over the last decade and how intergovernmental transfers have impacted it. It constructs a composite index of fiscal performance, offering new insights on the state of public finance in the country from a contemporary, historical, and futuristic perspective.
List 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
- 1: Statistical Appendix
- About the Editors and Contributors
About the author
Jyotsna Jalan is Professor of Economics, Centre for Studies in Social Sciences, Calcutta (CSSSC).
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.
Summary
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.
