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This book discusses various dimensions of Indian fiscal federalism, focusing on the current fiscal imbalances – both vertical and horizontal – and their correction. Throwing light on different angles of this subject, it presents well-researched papers, which are divided into three sections. The first section, ‘Fiscal federalism and resolving the fiscal imbalances’, includes five chapters that discuss this theme and also explain the various strategies to remove the existing imbalances in India. ‘Fiscal decentralization for high growth’ which is the second section, explains how decentralisation leads to high economic growth and showcases empirical evidence from a few Indian states that are flourishing due to this policy. The third section, ‘Emerging issues’ offers six chapters describing several existing key concerns in fiscal federalism that have a major impact on achieving India’s development goals. Including contributions from leading academics in this field, the book will be of great interest to research scholars and policy makers alike. “Besides addressing the core issue of fiscal imbalances and ways to correct them, the [chapters] touch on several issues confronting the Indian fiscal system at the centre , state and local levels. The [chapters] are well researched and well argued. The book is a valuable addition to the literature on Fiscal Federalism.” – Dr. C. Rangarajan, Ex-Governor of Reserve Bank of India; Chairman, Madras School of Economics, Chennai, India.

Finance. --- Finance, Public. --- Economic growth. --- Public Finance. --- Development Finance. --- Economic Growth. --- Federal government --- Deficit financing --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Compensatory spending --- Deficit spending --- Financing, Deficit --- Budget deficits --- Debts, Public --- Finance, Public --- Full employment policies --- Economic development projects—Finance. --- Cameralistics --- Public finance --- Currency question --- Public finances

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We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated with conventional parameter values, the stochastic stationary equilibrium of the model with limited borrowing can account for about two-thirds of the global dispersion of current accounts. The easing of financial frictions can explain nearly all changes in the current account dispersion in the past four decades whereas the easing of trade frictions has almost no impact on the current account dispersion.

Accounting. --- Deficit financing. --- Compensatory spending --- Deficit spending --- Financing, Deficit --- Accountancy --- Business enterprises --- Commerce --- Commercial accounting --- Finance --- Financial accounting --- Accounting --- Budget deficits --- Debts, Public --- Finance, Public --- Full employment policies --- Business --- Bookkeeping --- Exports and Imports --- Current Account Adjustment --- Short-term Capital Movements --- International Investment --- Long-term Capital Movements --- Empirical Studies of Trade --- International economics --- Current account --- Foreign assets --- Trade balance --- Current account balance --- Current account imbalances --- Balance of payments --- Investments, Foreign --- Balance of trade --- United States

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Critically examines national politics, priorities, and policies with emphasis on federal economic and social spending. This book examines recession-related policy fields, including the Canadian Banking system, fresh industrial policy pressures such as the automotive industry bailout, policies in science, technology, and innovation.

Deficit financing --- Compensatory spending --- Deficit spending --- Financing, Deficit --- Budget deficits --- Debts, Public --- Finance, Public --- Full employment policies --- Canada --- Canada (Province) --- Canadae --- Ceanada --- Chanada --- Chanadey --- Dominio del Canadá --- Dominion of Canada --- Jianada --- Kʻaenada --- Kanada (Dominion) --- Ḳanadah --- Kanadaja --- Kanadas --- Ḳanade --- Kanado --- Kanakā --- Province of Canada --- Republica de Canadá --- Yn Chanadey --- Καναδάς --- Канада --- קאנאדע --- קנדה --- كندا --- کانادا --- カナダ --- 加拿大 --- 캐나다 --- Lower Canada --- Upper Canada --- Appropriations and expenditures. --- Government spending policy --- Politics and government. --- E-books --- Kaineḍā

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Budget --- Deficit financing --- Budget deficits --- 336.121 --- -Budget deficits --- -Deficit financing --- -US / United States of America - USA - Verenigde Staten - Etats Unis --- 336.61 --- 336.01 --- 336.401 --- Compensatory spending --- Deficit spending --- Financing, Deficit --- Debts, Public --- Finance, Public --- Full employment policies --- Deficits, Budget --- Budgeting --- Expenditures, Public --- Nationaal budget. Rijksbegroting. Staatsbegroting. Begrotingspolitiek --- Financieel beleid. --- Overheidsbemoeiing op economisch gebied. --- Verband tussen begrotingspolitiek en economische evolutie. --- Forecasting --- 336.121 Nationaal budget. Rijksbegroting. Staatsbegroting. Begrotingspolitiek --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Overheidsbemoeiing op economisch gebied --- Verband tussen begrotingspolitiek en economische evolutie --- Financieel beleid --- Budget - United States. --- Deficit financing - United States. --- Budget deficits - United States.

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The 2013-14 edition of How Ottawa Spends critically examines national politics, priorities, and policies with a close lens on Stephen Harper's Conservative party during the middle of their first term as a majority. Contributors from across Canada examine the federal government and its not uncommon mid-term problems but also its considerable agenda of long term plans, both set in the midst of national economic fragility and a global fiscal and debt crisis. Individual chapters examine several related political, policy, and spending realms including the Budget Action Plan, the ten year Canada Health Transfer Plan, the Canada Pension Plan, and Old Age Security reforms. The contributors also consider austerity related public sector downsizing and strategic spending reviews, national energy, and related environmental strategies, and the growing Harper practice of "one-off" federalism.

Canada -- Appropriations and expenditures. --- Deficit financing -- Canada. --- Budget deficits --- Political Science --- Law, Politics & Government --- Public Finance --- Deficit financing --- Government spending policy --- Canada --- Appropriations and expenditures. --- Compensatory spending --- Deficit spending --- Financing, Deficit --- Canada (Province) --- Province of Canada --- Dominion of Canada --- Ḳanadah --- Ḳanade --- Kanada (Dominion) --- Chanada --- كندا --- Канада --- Καναδάς --- Kanadas --- Republica de Canadá --- Dominio del Canadá --- Kanado --- کانادا --- Ceanada --- Yn Chanadey --- Chanadey --- 캐나다 --- Kʻaenada --- Kanakā --- קנדה --- カナダ --- Canadae --- Kanadaja --- 加拿大 --- קאנאדע --- Debts, Public --- Finance, Public --- Full employment policies --- Upper Canada --- Lower Canada --- E-books --- Jianada --- Kaineḍā