Public Expenditure and Indian Development Policy 1960-1970

Public Expenditure and Indian Development Policy 1960-1970 PDF

Author: J. F. J. Toye

Publisher: CUP Archive

Published: 1981

Total Pages: 296

ISBN-13:

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Of the many different ways in which economists have tried to analyse public expenditure, the most relevant to Indian economic development is that which links the level of public expenditure with the rate at which the state can accumulate capital. The abstract theory of this link, however, must be complemented by a historical account of the degree to which a state accumulation policy was understood by Indian policy makers, and of the other (often inconsistent) elements in the economic strategy of Indian nationalism. After attempting to provide accounts both of the abstract theory and of the institutional and policy context within which it was applied, this book analyses original empirical data on public expenditure in India between 1960 and 1970. The real growth rate of public expenditure, its functional and economic composition at the all-India level are presented, and the strong contrast between the patterns of the first and last five year periods is elucidated. The effect of the 1965-67 droughts and bad harvests in producing this contrast is assessed.

Public Expenditure and Indian Development Policy 1960-70

Public Expenditure and Indian Development Policy 1960-70 PDF

Author: J. F. J. Toye

Publisher: Cambridge University Press

Published: 1981-06-18

Total Pages: 0

ISBN-13: 9780521230810

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Of the many different ways in which economists have tried to analyse public expenditure, the most relevant to Indian economic development is that which links the level of public expenditure with the rate at which the state can accumulate capital. The abstract theory of this link, however, must be complemented by a historical account of the degree to which a state accumulation policy was understood by Indian policy makers, and of the other (often inconsistent) elements in the economic strategy of Indian nationalism. After attempting to provide accounts both of the abstract theory and of the institutional and policy context within which it was applied, this book analyses original empirical data on public expenditure in India between 1960 and 1970. The real growth rate of public expenditure, its functional and economic composition at the all-India level are presented, and the strong contrast between the patterns of the first and last five year periods is elucidated. The effect of the 1965-67 droughts and bad harvests in producing this contrast is assessed.

IMF Staff papers

IMF Staff papers PDF

Author: International Monetary Fund. Research Dept.

Publisher: International Monetary Fund

Published: 1958-01-01

Total Pages: 159

ISBN-13: 1451949634

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This paper examines the effect transactions with the IMF have on the monetary situation within a country when the foreign exchange purchased from the IMF is used to meet a balance of payments deficit. In some countries, the national currency counterpart is kept on deposit to the credit of the IMF at the central bank. In other countries, the government substitutes a noninterest-bearing note for the national currency counterpart of a transaction with the IMF. It is with the effects of the latter practice that this paper is primarily concerned. The effect of a balance of payments deficit on the money supply will be offset if credit is expanded to finance a government deficit, investment by business, or spending by consumers. The ultimate effect on the money supply will depend upon how the government deals with the national currency turned over to it by the Exchange Equalization Account. Considerable caution is required in concluding that a balance of payments deficit is likely to be moderate and temporary.

Public Spending and the Role of the State

Public Spending and the Role of the State PDF

Author: Ludger Schuknecht

Publisher: Cambridge University Press

Published: 2020-11-12

Total Pages: 305

ISBN-13: 1108496237

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Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.

Reassessing the Role of Management in the Golden Age

Reassessing the Role of Management in the Golden Age PDF

Author: Daniela Felisini

Publisher: Springer

Published: 2017-03-25

Total Pages: 202

ISBN-13: 3319487221

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This book provides a critical reassessment of the role of the public sector during the Golden Age in both advanced and emerging economies. Contributions focus on a major player in the setting of mixed economies: the top managers of state-owned enterprises. Bringing together world-renowned scholars, this collection analyzes the actions of these managers and their contribution to the rise and fall of the mixed economy during the Golden Age, opening up a comparative perspective of the topic. The book forces readers to reconsider how crucial state-owned enterprises were for economic recovery and for the modernization of the production apparatus of many countries in Western Europe, India, Latin America and South Africa. Key chapters discuss state-owned enterprises in twentieth-century Europe, the managerial revolution in Italy, the role of the state in Argentine industrialization, and the organization of capital in the Indian economy. This insightful collection will appeal to scholars and students with an interest in economic history and the socio-economic impact of state-owned companies around the globe.

Public Management: Policy making, ethics and accountability in public management

Public Management: Policy making, ethics and accountability in public management PDF

Author: Stephen P. Osborne

Publisher: Taylor & Francis

Published: 2002

Total Pages: 568

ISBN-13: 9780415267151

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Since the 1980s, the public sector has been undergoing major changes throughout the Western industrialized world, the transitional economies of central and Eastern Europe, Latin America and South East Asia. The main thrust of these changes has been to bring public sector management practices closer to those of the private sector. This raises the question of how far public and private sector management are comparable. This set examines the relationships between public sector and private sector management in terms of both classical management theory and the new public management that emerged in the 1980s and 1990s. While the collection concentrates on articles from the last 20 years, some historical pieces are also included. The four volumes are arranged along the following lines: volume 1 - for and against the public sector; volume 2 - managing the plural state; volume 3 - broadening the public management perspective; and volume 4 - from policy to practice in public services.

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