ENGLISH

Fiscal deficit and inflation in India: A study in nexus

By Ashutosh Raravikar

Book information

Publisher
MacMillan India
Year
2003
ISBN
0333938097
Language
english
Format
PDF
Filesize
42 MB (44307467 bytes)
Pages
245\133
Time added
2017-11-26 18:16:44
banana republicCorruptionCPIdeficit financingFiscal deficithyperinflationIndiainflationmonetizing debtmoney printingWPI

Description

This book covers the econometric data of India between 1985 and 2002-03. The observed correlation between the rise in deficits and inflation levels (Referring to the Wholesale Price Index or WPI) provided the impetus for the author's research. Credit also goes to the University of Mumbai and to the University of Pune for playing their parts in allowing this professional rebuttal and rebuke to the worship of big government, deficit financing, and more importantly to the academic clout of the socialist-marxist flavor of the Delhi University's academic flatulence, which has consistently chipped away at any common sense and reasonable restraint on the disastrous central planning in India since its supposed independence in 1947 1. Background, 2. Fiscal crisis in Indian economy, 3. Budget deficits: concepts and trends, 4. Budgets and inflationary trends in prices, 5. Fiscal deficits and inflationary trends: A nexus analysis

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