Public Debt and Economic Development in India
Author : D. K. Mishra
Publisher :
Page : 574 pages
File Size : 10,44 MB
Release : 1985
Category : Business & Economics
ISBN :
Author : D. K. Mishra
Publisher :
Page : 574 pages
File Size : 10,44 MB
Release : 1985
Category : Business & Economics
ISBN :
Author : B. S. Sreekantaradhya
Publisher : New Delhi : Sterling Publishers
Page : 256 pages
File Size : 44,80 MB
Release : 1972
Category : Business & Economics
ISBN :
Author : Kiran Barman
Publisher :
Page : 236 pages
File Size : 28,44 MB
Release : 1986
Category : Debts, Public
ISBN :
Author : Raja J. Chelliah
Publisher : International Monetary Fund
Page : 51 pages
File Size : 13,53 MB
Release : 1991-07-01
Category : Business & Economics
ISBN : 1451959028
This paper traces the causes of the rapid growth of India’s public debt, with special reference to internal debt. It then demonstrates that the growth of debt would become unsustainable by the end of the 1990s if the present trends continue. It develops a methodology to iterate the path of growth of debt to discover the sustainable level of the primary deficit. Finally, it suggests concrete measures to bring down the primary deficit.
Author : Jaejoon Woo
Publisher : International Monetary Fund
Page : 49 pages
File Size : 13,29 MB
Release : 2010-07-01
Category : Business & Economics
ISBN : 145520157X
This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost four decades, takes into account a broad range of determinants of growth as well as various estimation issues including reverse causality and endogeneity. In addition, threshold effects, nonlinearities, and differences between advanced and emerging market economies are examined. The empirical results suggest an inverse relationship between initial debt and subsequent growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the initial debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.2 percentage points per year, with the impact being somewhat smaller in advanced economies. There is some evidence of nonlinearity with higher levels of initial debt having a proportionately larger negative effect on subsequent growth. Analysis of the components of growth suggests that the adverse effect largely reflects a slowdown in labor productivity growth mainly due to reduced investment and slower growth of capital stock.
Author : Samba Mbaye
Publisher : International Monetary Fund
Page : 52 pages
File Size : 15,51 MB
Release : 2018-05-14
Category : Business & Economics
ISBN : 1484353595
This paper describes the compilation of the Global Debt Database (GDD), a cutting-edge dataset covering private and public debt for virtually the entire world (190 countries) dating back to the 1950s. The GDD is the result of a multiyear investigative process that started with the October 2016 Fiscal Monitor, which pioneered the expansion of private debt series to a global sample. It differs from existing datasets in three major ways. First, it takes a fundamentally new approach to compiling historical data. Where most debt datasets either provide long series with a narrow and changing definition of debt or comprehensive debt concepts over a short period, the GDD adopts a multidimensional approach by offering multiple debt series with different coverages, thus ensuring consistency across time. Second, it more than doubles the cross-sectional dimension of existing private debt datasets. Finally, the integrity of the data has been checked through bilateral consultations with officials and IMF country desks of all countries in the sample, setting a higher data quality standard.
Author :
Publisher :
Page : 18 pages
File Size : 27,81 MB
Release : 2017
Category : Economics
ISBN :
Abstract: In relation to GDP, India's public debt and interest payments are high compared with most other emerging economies and rating agencies have put India's sovereign debt at the lowest investment grade. On the other hand, India benefits from strong economic growth and needs to increase spending on social and physical infrastructure to support economic growth and to meet the needs of its fast-growing population. This paper assesses recent fiscal developments in India, discusses the threshold beyond which debt has adverse effects on the economy, quantifies the uncertainties surrounding key macroeconomic variables and the risks of overshooting the debt threshold to define a "prudent" debt level. It also provides a debt sustainability analysis. It concludes that under a "no-policy change" scenario, the debt-to-GDP ratio will decline gradually to close to the "prudent" level by 2040. However, adverse shocks could derail this benign scenario
Author : Nikhil Saket
Publisher : Deep and Deep Publications
Page : 204 pages
File Size : 31,47 MB
Release : 2006
Category : Business & Economics
ISBN : 9788176297448
Author : Manorma Hukku
Publisher : Mittal Publications
Page : 316 pages
File Size : 33,66 MB
Release : 1989
Category : Deficit financing
ISBN : 9788170991632
Author : Ghanshyam Narain Singh
Publisher : Calcutta : Blackie (India) Employees' Cooperative Industrial Society
Page : 254 pages
File Size : 25,86 MB
Release : 1976
Category : Debts, External
ISBN :