Tag Search: “fiscal federalism”

The growing wave of decentralisation: Comparative evidence from developing countries

Over the last few decades, decentralisation has been rapidly spreading in developing countries across the world, with around 35 countries announcing new or deepening decentralisation reforms in recent...

  • Videos

The growing wave of decentralisation: Comparative evidence from developing countries

Over the last few decades, decentralisation has been rapidly spreading in developing countries across the world, with around 35 countries announcing new or deepening decentralisation reforms in recent...

  • Podcasts

Impact of fiscal decentralisation and ethnic heterogeneity on choice of local polity

In this article, based on Chapter 7 of 'Decentralised Governance’, Mitra and Pal utilise Indonesia’s fiscal decentralisation to local communities in 2001 to examine how FD may differentially affect th...

  • Articles

Does being local matter? Administrative decentralisation and human development

In this post, Chaudhary and Iyer discuss the administrative decentralisation reforms brought about by the Panchayati Raj Act, and measure the effect of decentralisation on the provision of public serv...

  • Articles

Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other han...

  • Podcasts

Budget 2022-23 and outlook for the Indian economy

Several commentators have lauded the recently presented Budget 2022-23 as a ‘growth budget’, on account of the large allocations made for capital expenditure on public infrastructure. On the other han...

  • Videos

Assessing the credibility of sub-national budgets in India

The Covid-19 crisis has put immense pressure on the finances of Indian states. Fiscal consolidation in the post-pandemic period will depend on growth revival, increased fund flows, and efficient budge...

  • Perspectives

Goods and services tax: Estimating optimal rates

Introduced in India in 2017, a key feature of the goods and services tax (GST) system is that the tax rate for a particular commodity is uniform across the country. Based on a counterfactual framework...

  • Articles

Budget 2021-22: A political economy perspective

Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a sh...

  • Perspectives

Covid-19 crisis: Response should not undermine institutions

The unprecedented economic crisis triggered by the Covid-19 pandemic has resulted in calls for drastic actions on part of the government and RBI. In this post, Sengupta and Vardhan content that these ...

  • Perspectives

GST Explainer: Introduction

Seventeen years after its framework was formed, India’s biggest tax reform – the goods and services tax – was rolled out on 1 July 2017. Some consider the ‘one nation, one tax’ system to be a game cha...

  • Explainers