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...

Полное описание

Библиографические подробности
Главный автор: Hausmann, Ricardo
Другие авторы: Purfield, Catriona
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2004.
Серии:IMF Working Papers; Working Paper ; No. 2004/168
Online-ссылка:Full text available on IMF