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Fiscal correction for economic growth: data analysis and suggestions

By: Mohan, Rakesh.
Material type: materialTypeLabelArticlePublisher: 2000Description: p.2027-036.Subject(s): Economic growth In: Economic and Political WeeklySummary: Rapid economic growth is the only solution to the problem of poverty and such growth is not possible without significant fiscal correction. The key objective of fiscal reform has to be a reduction in public debt service payments. This article analyses data on state and central government revenues and expenditures to suggest ways to climb out of the debt trap. - Reproduced
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Articles Articles Indian Institute of Public Administration
Volume no: 35, Issue no: 24 Available AR45631

Rapid economic growth is the only solution to the problem of poverty and such growth is not possible without significant fiscal correction. The key objective of fiscal reform has to be a reduction in public debt service payments. This article analyses data on state and central government revenues and expenditures to suggest ways to climb out of the debt trap. - Reproduced

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