Who's Afraid of the Fiscal Deficit?*

Oct 19th 2016, Jayati Ghosh
The FRBM Act has generated one of the biggest practical problems of increasing the propensity of the government in many countries to evade it by making various off-budget expenditures through SPVs and other such devices.

*
This article was originally published in the Frontline Print edition: October 28, 2016
.


This Document is in Adobe Acrobat format and would
need a PDF reader to view it.


 
View/ Download the
document in PDF format

 


Click below
to get Adobe® Acrobat® Reader®, a free
software that lets you view and print Adobe Portable Document Format (PDF) files.


 

 

Site optimised for 800 x 600 and above for Internet Explorer 5 and above
© MACROSCAN 2016