The Challenge of Fiscal Adjustment in a Democracy : The Case of India /

India's fiscal problem has deep roots in its federal fiscal system, where multiple players find it difficult to coordinate adjustment. The size and closed nature of the Indian economy, aided by its deep domestic capital market and large captive pool of domestic savings, has disguised the cost o...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hausmann, Ricardo
Weitere Verfasser: Purfield, Catriona
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2004.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2004/168
Online Zugang:Full text available on IMF