The Growth of Indian Public Debt; Dimensions of the Problem and Corrective Measures
| Autor: | Raja J. Chelliah |
|---|---|
| Rok vydání: | 1991 |
| Předmět: |
Macroeconomics
Informal sector Economic sector media_common.quotation_subject Primary deficit India public debt primary deficit debt ratio domestic borrowing external debt External debt Debt Economics General Earth and Planetary Sciences Debt ratio Internal debt General Environmental Science Public finance media_common |
| Popis: | This paper traces the causes of the rapid growth of India’s public debt, with special reference to internal debt. It then demonstrates that the growth of debt would become unsustainable by the end of the 1990s if the present trends continue. It develops a methodology to iterate the path of growth of debt to discover the sustainable level of the primary deficit. Finally, it suggests concrete measures to bring down the primary deficit. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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