The Decentralization Dilemma in India

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  • The Decentralization Dilemma in India Book Detail

  • Author : Catriona Purfield
  • Release Date : 2006
  • Publisher :
  • Genre :
  • Pages : 31
  • ISBN 13 :
  • File Size : 63,63 MB

The Decentralization Dilemma in India by Catriona Purfield PDF Summary

Book Description: 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.

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The Decentralization Dilemma in India

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This book explores experiences, issues and challenges which have emerged since Constitutional status was granted to the local bodies at grassroots level in Indi