Public expenditure and Indian development policy 1960-1970
Author(s)
Bibliographic Information
Public expenditure and Indian development policy 1960-1970
(Cambridge South Asian studies, 25)
Cambridge University Press, 1981
Available at 26 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Bibliography: p. 257-268
Includes index
Description and Table of Contents
Description
Of the many different ways in which economists have tried to analyse public expenditure, the most relevant to Indian economic development is that which links the level of public expenditure with the rate at which the state can accumulate capital. The abstract theory of this link, however, must be complemented by a historical account of the degree to which a state accumulation policy was understood by Indian policy makers, and of the other (often inconsistent) elements in the economic strategy of Indian nationalism. After attempting to provide accounts both of the abstract theory and of the institutional and policy context within which it was applied, this book analyses original empirical data on public expenditure in India between 1960 and 1970. The real growth rate of public expenditure, its functional and economic composition at the all-India level are presented, and the strong contrast between the patterns of the first and last five year periods is elucidated. The effect of the 1965-67 droughts and bad harvests in producing this contrast is assessed.
Table of Contents
- List of tables
- Preface
- List of abbreviations
- Introduction
- Part I. General: 1. Public expenditure and state accumulation in theory
- 2. Indian nationalism and the state accumulation policy
- 3. The interpretation of Indian public expenditure statistics
- Part II. Empirical Evidence: 4. The fiscal performance of the public sector
- 5. Public expenditure and the industrial recession
- 6. The degree of public expenditure centralization
- 7. The growth of state governments' spending
- 8. Public investment, public saving and the state governments
- Part III. Conclusions: 9. The Indian state accumulation policy in retrospect
- 10. Summary of conclusions
- Appendices
- List of works cited
- Index.
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