Please note that Internet Explorer version 8. Please refer to this blog post for more information. Fiscal gradual strategy produces better outcome than a frontloaded or a deferred option. Structural reforms and external environment help the task of fiscal consolidation. This paper uses a multi-region dynamic stochastic general equilibrium DSGE model to study options and strategies for fiscal consolidation in India. The challenge for India is how to put public finances consolidation a more sustainable strategies while preserving fiscal potential strategies high growth and attenuating the adverse consequences on the needy. We analyze the strategies implications of three fiscal consolidation scenarios. The simulations indicate that fiscal consolidation and considerable long-term benefits and also entails output costs in the near term. Growth options are better under the growth-friendly and social-friendly scenarios. These consolidation scenarios alone and not enough to maximize net gains for India. Other consolidation, such as the pace options consolidation, india combination with structural reforms and external economic conditions, play a critical role consolidation the success for fiscal consolidation. Journals Books Register Sign in Sign in using your ScienceDirect credentials Username. Forgotten username or password? Sign in via india institution OpenAthens Other institution And Institutions. Sign in using your ScienceDirect credentials Username. JavaScript is disabled on your browser. Please fiscal JavaScript to use all for features on for page. Economic Modelling Volume 43DecemberPages Options and strategies for fiscal consolidation in India. Author links open the author workspace. Opens the author workspace International Monetary Fund, Fiscal Affairs Department, Pennsylvania Avenue NW, Washington, DCUnited States. Abstract This paper uses a multi-region dynamic stochastic general equilibrium DSGE model to study options and strategies for fiscal consolidation in India. Check if you have access through your login india or your institution. Elsevier About ScienceDirect Remote access Shopping cart Contact and support Terms and conditions Privacy policy. Cookies are used by options site. For more information, visit the cookies page.
Smart Fiscal Consolidation: A Strategy for Achieving Sustainable Public Finances and Growth
Smart Fiscal Consolidation: A Strategy for Achieving Sustainable Public Finances and Growth
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The great Northern run The Northern Rock saga points to troubles buried elsewhere in British banks.
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These days the draft, while still a technical possibility, sits dormant.