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...

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Detalhes bibliográficos
Autor principal: Hausmann, Ricardo
Outros Autores: Purfield, Catriona
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2004.
Colecção:IMF Working Papers; Working Paper ; No. 2004/168
Acesso em linha:Full text available on IMF