Assessing the fiscal capacity of Indian governments

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dc.contributor.author Goyal, Ashima
dc.date.accessioned 2012-05-31T09:37:40Z
dc.date.available 2012-05-31T09:37:40Z
dc.date.issued 2012-05-31
dc.identifier.uri http://hdl.handle.net/2275/101
dc.description.abstract In this paper we assess the record of different post reform governments in meeting their targets and improving both delivery and finances. A variety of indices are constructed, and consistency checks devised to measure relative performance. No government has achieved its targets, but the congress has the best record in keeping its promises, and the NDA was most effective in reducing deficits. In the last year of the UPA the deadline effect helped meet expenditure targets, but at the cost of large deficits. The negative effect of the growth dividend on government debt and deficits is established, but the failure of government finances to improve commensurate with this, suggests further improvement in expenditure management is required. Four principles on which to base these improvements are identified. en_US
dc.language.iso en en_US
dc.relation.ispartofseries WP;WP-2009-005
dc.subject Expenditure en_US
dc.subject Deficits en_US
dc.subject Governments en_US
dc.subject Delivery en_US
dc.title Assessing the fiscal capacity of Indian governments en_US
dc.type Working Paper en_US

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