States' Fiscal Management and Regional Equity: An Overview - Hardcover

Rao, Govinda; Shah, Anwar

Hardcover

ISBN 10: 0195698797 ISBN 13: 9780195698794

Verlag: OUP India, 2009

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Reseña del editor

The states in India have a predominant role in advancing human development and a co-equal role with the central government in the provision of economic services. The condition of states' fiscal health, therefore, determines both the nature and quality of economic growth in the country.
With contributions from leading fiscal experts, this volume presents an overview of the challenges of fiscal management faced by states and the national challenge of regional fiscal equity. It addresses a variety of issues related to state finances, regional developmental policies, and the design and implementation of intergovernmental transfers, including the National Rural Employment Guarantee Act.
Using the latest data on federal-state finances, the essays analyse the impact of fiscal policies and institutions on inter-state disparities. Ironically, the states that are rich in resources are the least developed- while their resources are exploited for national benefit, they themselves have lagged behind due to inadequate compensation. The volume argues that realizing the developmental potential of the country will depend upon the fiscal management by the centre to create a common market and enable a level playing field for lagging states. Equally important is the latter's own efforts at raising revenues and efficiently managing resources.
Addressing important policy concerns for ensuring sustainable and inclusive growth, this volume is an important contribution in the area of federal finance. It will be useful for students and researchers in the fields of public finance and development economics, policymakers, NGOs, and development agencies

Biografía del autor

M. Govinda Rao is Director, National Institute of Public Finance and Policy, New Delhi. Anwar Shah is Lead Economist and Program Leader, Public Sector Governance, World Bank Institute, Washington DC and Member of the Executive Board of the International Institute of Public Finance, Munich, Germany.

Über diese Auflage

• Verlag: OUP India
• Erscheinungsdatum: 2009
• ISBN 10: 0195698797
• ISBN 13: 9780195698794
• Einband: Tapa dura
• Anzahl der Seiten: 308