Tag Search: “public finance”

Why taxing property is essential for local government accountability

With rapid decentralisation and urbanisation, wealth is increasingly vested and locked up in land and property in India. In their previous article, Kapur and Subramanian emphasised the importance of ...

  • Perspectives

Taxation's fatal neglect?

Today, the public discourse on government finances in India is largely focused on spending. This article emphasises the importance of taxes, particularly income tax, in ensuring citizen participation...

  • Perspectives

Boosting shared prosperity in South Asia

Two-thirds of the poor in India and other South Asian countries live in the lagging regions. This column examines whether there are poverty traps that make it difficult to achieve shared prosperity, a...

  • Articles

Corruption and the Mahatma Gandhi National Rural Employment Guarantee Act

Corruption continues to strangle India’s public finances. This column presents evidence of embezzlement in India’s flagship rural employment programme and suggests new ways policymakers can test what ...

  • Articles

Understanding fiscal capacity in developing economies: Firms as third-party tax enforcers

The difference in tax revenues (as a percentage of GDP) between developed and developing countries has always been consistently large. An IMF report estimates it to be 10-15 percentage points.

  • IGC Research on India

State Ownership and Systemic Risk: Evidence from the Indian Financial Sector During 2007-09

The study analyses the performance of banks in India during 2007-09 in order to study the impact of ownership structure on bank vulnerability to a crisis.

  • IGC Research on India

The Political Economy of Sovereign Debt Overhang

Developing economies have heterogeneous experiences with growth and openness. This project starts by documenting a core empirical fact: The countries that grow relatively fast do so while reducing sov...

  • IGC Research on India