Midhun

GLOBALIZATION, REFORM AND FISCAL FEDERALISM

Empirical Evidence from India

• Broschiertes Buch

Produktbeschreibung

Globalization has distinct effect on the structure of public finance and the size of government as it influences the expenditure and revenue side of the budget. In India all layers of government centre, state and local bodies are simultaneously interacting with foreign government and corporation in the global economy. Broadly, effect of globalization on the federal fiscal structure can be two ways. First, affecting Central, State and local government independently -economic reform will bring changes in the size and structure of public expenditure and taxes at central,state and local bodies. Second, globalization can deteriorate fiscal federalism by disconcerting interaction among the central, state and local government. In this context the transfer system should address the growing inequality in public expenditure, especially the inequality in developmental expenditure and own revenue collections, across the states while making devolution. Also there is a need to have policies toaddress the growing spatial inequality during the post-reform period.

Produktdetails

• Verlag: VDM Verlag Dr. Müller
• Seitenzahl: 104
• Englisch
• Gewicht: 154g
• ISBN-13: 9783639250183
• ISBN-10: 3639250184
• Artikelnr.: 29606670

Autorenporträt

Mr. Midhun V P is a Doctoral Student at Centre for Development Studies, Trivandrum, Affiliated with Jawaharlal Nehru University, New Delhi. His areas of Research Interest are Public Finance and Development Economics.