Federalism and fiscal transfers in India

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書誌事項

Federalism and fiscal transfers in India

C. Rangarajan, D.K. Srivastava

Oxford University Press, 2011

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注記

Articles; most previously published

Includes bibliographical references (p. [246]-257)

内容説明・目次

内容説明

These essays comprehensively cover key aspects of fiscal federalism in India both in theoretical and empirical terms. An analysis of experiences and challenges of fiscal federalism as it evolved over the last sixty years since the First Finance Commission-reveals the emerging patterns in transfer of resources from the centre to the states. Management of Central and state finances relating to sustainability of debt and fiscal deficit is also an important aspect of the present discussion. Attention is drawn to the re-emergence of high levels of fiscal imbalance and the implementation of fiscal decentralization in India, particularly in the light of the recommendations by the Thirteenth Finance Commission. Comparison with two developed federal systems in the world, the Canadian and the Australian systems, is an important feature of this study.

目次

  • OVERVIEW
  • CHAPTER 1: FISCAL FEDERALISM: BASIC TENETS, CHAPTER 2: EVOLUTION OF FISCAL FEDERALISM IN INDIA, CHAPTER 3: FISCAL FEDERALISM IN PRACTICE: CANADA AND INDIA, CHAPTER 4: FISCAL FEDERALISM IN PRACTICE: AUSTRALIA AND INDIA, CHAPTER 5: RESOLVING VERTICAL AND HORIZONTAL IMBALANCES IN INDIA, CHAPTER 6: DYNAMICS OF DEBT ACCUMULATION IN INDIA: IMPACT OF PRIMARY DEFICIT, GROWTH AND INTEREST RATE, CHAPTER 7: FISCAL DEFICITS AND GOVERNMENT DEBT IN INDIA: IMPLICATIONS FOR GROWTH AND STABILIZATION, CHAPTER 8: CONTEMPORARY CHALLENGES AND ISSUES BEFORE THE THIRTEENTH FINANCE COMMISSION, REFERENCES.

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