Verfügbarkeit: The Decentralization Dilemma in India

The Decentralization Dilemma in India:

Already in precarious shape, the financial health of India's states took a turn for the worse in the late 1990s when state deficits and debt rose sharply. While India is among the world's most decentralized economies, greater decentralization is not the root cause of this situation. Panel...

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1. Verfasser:	Purfield, Catriona (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2004
Schriftenreihe:	IMF Working Papers Working Paper No. 04/32
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	Already in precarious shape, the financial health of India's states took a turn for the worse in the late 1990s when state deficits and debt rose sharply. While India is among the world's most decentralized economies, greater decentralization is not the root cause of this situation. Panel estimation techniques find evidence that the trend rise in deficits reflects problems of transfer dependence and moral hazard that undermine states' incentives to control deficits. Those states that rely more on central government transfers and have easier borrowing access run higher deficits
Beschreibung:	1 Online-Ressource (31 p)
ISBN:	1451845146 9781451845143

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spelling	Purfield, Catriona Verfasser aut The Decentralization Dilemma in India Purfield, Catriona Washington, D.C International Monetary Fund 2004 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/32 Already in precarious shape, the financial health of India's states took a turn for the worse in the late 1990s when state deficits and debt rose sharply. While India is among the world's most decentralized economies, greater decentralization is not the root cause of this situation. Panel estimation techniques find evidence that the trend rise in deficits reflects problems of transfer dependence and moral hazard that undermine states' incentives to control deficits. Those states that rely more on central government transfers and have easier borrowing access run higher deficits Online-Ausg http://elibrary.imf.org/view/IMF001/06867-9781451845143/06867-9781451845143/06867-9781451845143.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Purfield, Catriona The Decentralization Dilemma in India
title	The Decentralization Dilemma in India
title_auth	The Decentralization Dilemma in India
title_exact_search	The Decentralization Dilemma in India
title_exact_search_txtP	The Decentralization Dilemma in India
title_full	The Decentralization Dilemma in India Purfield, Catriona
title_fullStr	The Decentralization Dilemma in India Purfield, Catriona
title_full_unstemmed	The Decentralization Dilemma in India Purfield, Catriona
title_short	The Decentralization Dilemma in India
title_sort	the decentralization dilemma in india
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