Info
- Utilizzare la checkbox di selezione a fianco di ciascun documento per attivare le funzionalità di stampa, invio email, download nei formati disponibili del (i) record.
India's Contemporary Macroeconomic Themes : Looking Beyond 2020
| India's Contemporary Macroeconomic Themes : Looking Beyond 2020 |
| Autore | Srivastava D. K |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Singapore : , : Springer, , 2023 |
| Descrizione fisica | 1 online resource (602 pages) |
| Disciplina | 330.954 |
| Altri autori (Persone) | ShanmugamK. R |
| Collana | India Studies in Business and Economics Series |
| ISBN | 981-9957-28-1 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Intro -- Foreword -- Celebrating 90 Years of a Visionary Economist, Dr. C. Rangarajan -- Speech of Dr. Manmohan Singh, Former Prime Minister at the Conference of Madras School of Economics to Honor Dr. Rangarajan on his 90th Birth Anniversary on 21-22 April, 2023 -- Contents -- Editors and Contributors -- 1 Introducing the Volume on India's Contemporary Macroeocnomic Themes-Looking Beyond 2020 -- 1.1 Introduction -- 1.2 Overviews of Themes and Chapters -- Part I Growth and Macro Policies -- 2 The Indian Economy in the Post-pandemic World: Opportunities and Challenges -- 2.1 Introduction -- 2.2 Pre-pandemic Economic Conditions -- 2.2.1 Aggregate Macro Conditions -- 2.2.2 Agriculture, Informal Sector and MSMEs -- 2.2.3 Formal Sector -- 2.3 Post-pandemic Economic Conditions -- 2.3.1 Impact of Covid-19 Pandemic -- 2.3.2 Aggregate Macroeconomic Conditions -- 2.3.3 Formal Sector Conditions -- 2.4 Opportunities and Challenges Going Forward -- 2.4.1 Short and Medium Term Challenges -- 2.4.2 Engines of Growth -- 2.5 State Finances -- 2.6 Freebies -- 2.6.1 Structural Transformation -- 2.6.2 Climate Change -- References -- 3 India's Economy in the Twenty-First Century: Role of State-Differentiated Demographic Dividend -- 3.1 Introduction -- 3.2 Size of the Indian Economy in the Twenty-First Century: Review of Recent Studies -- 3.3 India's US26 Trillion Economy by 2047-48: Assumptions and Findings (EY Study) -- 3.4 Interdependence of Saving, Investment, and the Demographic Dividend -- 3.5 State-Differentiated Demographic Dividend -- 3.6 Messages for Policy Formulation -- 3.7 Conclusions -- Appendix -- References -- 4 Post-covid Fiscal Recovery in India: Uncertainty, Growth, and Fiscal Prudence -- 4.1 Introduction -- 4.2 Growth Outlook: Various Estimates -- 4.2.1 Post Covid Global Growth Recovery: A Comparative Picture.
4.2.2 Why Growing at More Than 6% is Critical? -- 4.3 Fiscal Imbalance -- 4.3.1 The General Government Debt -- 4.4 Fiscal Stance for Higher Capital Expenditure -- 4.5 Framework of Fiscal Responsibility -- 4.6 Conclusions -- References -- Part II State Finances and Intergovernmental Fiscal Transfers -- 5 The Relationship Between Government Revenue, Government Expenditure and Economic Growth in India: An Empirical Investigation at the Sub-national Level -- 5.1 Introduction -- 5.2 Literature Review -- 5.2.1 Nexus Between Government Revenue and Government Expenditure -- 5.2.2 Relationship Between Government Revenue and Economic Growth -- 5.2.3 Association Between Government Expenditure and Economic Growth -- 5.2.4 Factors Driving Public Expenditure -- 5.3 Stylised Facts -- 5.4 Data and Methodology -- 5.4.1 Data -- 5.4.2 Methodology -- 5.5 Empirical Estimation and Results -- 5.6 Concluding Observations -- Statistical Annex -- References -- 6 Revenue Implications of GST on Indian State Finances -- 6.1 Introduction -- 6.2 State of the Economy -- 6.3 Fiscal Health of Indian States -- 6.4 Revenue Performance of GST -- 6.5 Revenue Implications of GST on Indian State Finances -- 6.5.1 Comparison of Revenue Under Protection with State GST -- 6.5.2 Analysis State Tax Revenue: Pre- Versus Post-GST -- 6.5.3 Fiscal Health of States: Pre- Versus Post-GST -- 6.6 Summary and Conclusions -- Appendix -- References -- 7 Equalization Transfers Policy Based on Expenditure Needs and Own Revenue Capacity of Indian State Governments -- 7.1 Introduction -- 7.2 Literature Review -- 7.3 Empirical Model, Data, and Estimation -- 7.4 Empirical Results -- 7.4.1 Estimation Results of State Governments' Revenue Expenditures -- 7.4.2 Estimation Results of State Governments' Own Revenues -- 7.4.3 State-Wise Efficiency Scores -- 7.4.4 Determining Fiscal Equalization Transfers. 7.5 Summary and Policy Conclusion -- References -- Part III Fiscal Reforms -- 8 Goods and Services Tax in India: A Stocktaking -- 8.1 Introduction -- 8.2 Salient Features of Indian GST -- 8.3 Impact of GST on Minimizing Distortions and Revenue Productivity -- 8.4 Multiplicity of Rates: Complications, Distortions, and Inverted Duty Structure -- 8.5 The Reform Issues and Strategy for Implementation -- 8.6 In Conclusion -- References -- 9 Recent Reforms in India's Corporate Income Tax Regime: Rationale, Impacts, and Improvements -- 9.1 Introduction -- 9.2 Literature Review -- 9.3 Tax Rate Evolution in India: Stylized Facts and Analysis of Effective Tax Rates -- 9.3.1 Basic Tax Rates -- 9.3.2 Minimum Alternate Tax -- 9.3.3 Effective Corporate Tax Rates -- 9.4 Recent Optional Lower Tax Rate Regime -- 9.5 User Cost of Capital Method and Analysis -- 9.5.1 Methodology -- 9.5.2 Industry-Level User Costs of Capital for Basic Tax Rates -- 9.5.3 Impact of Optional Tax Rates -- 9.5.4 Loss-Making Companies -- 9.6 Conclusions, Caveats, and Policy Recommendations -- 9.7 Annexure 1 -- 9.8 Annexure 2 -- References -- 10 The Anatomy of Public Debt Reductions: Case of India -- References -- 11 Measuring Tax Impact on Corporate Dividend Behavior in India -- 11.1 Introduction -- 11.1.1 Recent Developments Pertaining to the Dividend Taxation -- 11.2 Literature -- 11.2.1 The Lintner Study -- 11.2.2 Studies Testing Tax Impact on Dividend Behavior -- 11.2.3 Other Recent Studies -- 11.3 The Model and the Methodology -- 11.3.1 Inter-Temporal Adjustment -- 11.3.2 Interpretation of the Model in the Indian Context -- 11.3.3 Influence of Other Factors -- 11.4 Empirical Analysis -- 11.4.1 Regression Analysis (Cobb-Douglas Assumptions) -- 11.4.2 Regression Analysis (CES Assumptions) -- 11.5 Summary -- References -- Part IV Banking and Monetary Policy. 12 Non-performing Assets of Indian Banking: An Evolutionary Journey -- 12.1 Introduction -- 12.2 Broad Trends of NPAs of Indian Banks -- 12.2.1 Some Definitional Issues -- 12.2.2 The Timeline and Identification of Twists and Turns -- 12.3 Phase I (1996-2008): Falling NPAs -- 12.4 Phase II (2008-09 Through 2017-18): Rising NPAs -- 12.4.1 Broad Trends -- 12.4.2 Regulatory Forbearance -- 12.4.3 Bad Fundamentals and Steep Fall of Commodity Prices -- 12.4.4 Corporate Sector Debt Problems -- 12.4.5 Corporate Governance and Corruption Related Issues -- 12.4.6 To Sum Up … -- 12.5 Improvements in NPAs Since 2018 -- 12.6 Concluding Observations and the Way Ahead -- References -- 13 Conduct of Monetary Policy in India: The Journey so Far and Contemporary Challenges -- 13.1 Introduction -- 13.2 Evolution of Thinking on the Role of Monetary Policy -- 13.2.1 Theoretical Foundation: Quantity Theory of Money -- 13.2.2 Keynesian Revolution and Role of Monetary Policy -- 13.2.3 Monetarist View -- 13.2.4 AD-AS Model -- 13.3 Conduct of Monetary Policy in India: The Evolving Process -- 13.3.1 Credit Planning and Social Control of Banking Business -- 13.3.2 Monetary Targeting Framework -- 13.3.3 Multiple Indicators Approach -- 13.3.4 Inflation Targeting -- 13.4 Contemporary Issues and Challenges -- 13.4.1 Conflict in Objectives -- 13.4.2 Monetary Policy Response to Negative Supply Shocks -- 13.4.3 External Sector Dominance on the RBI's Monetary Policy -- 13.4.4 Monetary Policy Without Money -- 13.5 Concluding Remarks -- References -- 14 Macroeconomics of Digitalization-Evolving Issues and Perspectives -- 14.1 Introduction -- 14.2 Measurement of Digitalization: -- 14.3 Digitalization and Economic Growth -- 14.3.1 Supply Channel: Productivity Enhancements -- 14.3.2 Demand Channel-Boost in Consumption -- 14.4 Digitalization and Inflation. 14.5 Digitalization and Financial Markets -- 14.6 Digitalization and Cash Adoption -- 14.7 Issues in Digitalization -- 14.7.1 Cyber Security, Data Protection, and Privacy -- 14.7.2 Socio-economic Challenges-Digital and Financial Exclusion -- 14.7.3 Labor Market Implications of Digitalization -- 14.8 Conclusion -- References -- 15 Does Financial Frictions Matter for Monetary Policy Transmission in India? -- 15.1 Introduction -- 15.2 Related Literature -- 15.3 Analytical Framework -- 15.4 Data and Methodology -- 15.4.1 Data Description -- 15.4.2 Methodology -- 15.5 Empirical Analysis -- 15.5.1 Unit Root Tests & -- the BDS Test -- 15.5.2 Preliminary Analysis Using the SVAR Model -- 15.5.3 The MS-VAR Results -- 15.6 Conclusion and Policy Implications -- References -- 16 Cash and Debt Management in India -- 16.1 The Indian Economy in the Eighties and Early Nineties -- 16.2 Monetary Policy and the Monetary-Fiscal Co-ordination -- 16.3 Stoppage of Automatic Monetization -- 16.4 Transparency in the Budgetary Operations -- 16.5 Administered Interest Rates and the Financial Sector Reforms -- References -- Part V Environment and Social Sector Policies -- 17 Role of Fiscal Policy in Climate Change Mitigation in India -- 17.1 Introduction -- 17.2 Economic Modeling of Climate Change -- 17.3 India's Policies Toward Mitigation of Climate Change -- 17.4 Issues in Framing Mitigation Policies in a Macro Framework -- 17.5 Concluding Remarks -- References -- 18 Ecological Fiscal Transfers and State-Level Budgetary Spending in India: Analyzing the Flypaper Effects -- 18.1 Introduction -- 18.2 Review of Literature -- 18.3 Interpreting Data -- 18.4 The Econometric Models and Results -- 18.4.1 Medium Dense Forest Cover Models -- 18.4.2 Very Dense Cover Models -- 18.5 Conclusion -- Appendix 1: Dense Cover and Tax Devolution-Outlier Elimination -- References. 19 Measurement of Multidimensional Inequality of Opportunity in India. |
| Record Nr. | UNINA-9910766884003321 |
Srivastava D. K
|
||
| Singapore : , : Springer, , 2023 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Non-Banking Financial Companies Role in India's Development : A Way Forward / / by R. Kannan, K. R. Shanmugam, Saumitra Bhaduri
| Non-Banking Financial Companies Role in India's Development : A Way Forward / / by R. Kannan, K. R. Shanmugam, Saumitra Bhaduri |
| Autore | Kannan R |
| Edizione | [1st ed. 2019.] |
| Pubbl/distr/stampa | Singapore : , : Springer Singapore : , : Imprint : Springer, , 2019 |
| Descrizione fisica | 1 online resource (XXII, 142 p. 40 illus., 38 illus. in color.) |
| Disciplina | 332.1 |
| Collana | India Studies in Business and Economics |
| Soggetto topico |
Banks and banking
Economic development projects—Finance Macroeconomics Banking Development Finance Macroeconomics/Monetary Economics//Financial Economics |
| ISBN | 981-13-3375-0 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Chapter 1: Status and Role of NBFCs -- Chapter 2: Growth and Development of NBFCs -- Chapter 3: Regulatory Developments and Prudential Norms -- Chapter 4: Acceptability of NBFCs to the Public -- Chapter 5: Demand for NBFCs’ Credit -- Chapter 6: Risk Management in NBFCs -- Chapter 7: Financial Inclusion and NBFCs -- Chapter 8: Banks and NBFCs in India: A Comparative Analysis -- Chapter 9: Non-Banking Financial Intermediaries: International Experiences -- Chapter 10: Conclusions and Recommendations. |
| Record Nr. | UNINA-9910350332303321 |
|
Kannan R
|
||
| Singapore : , : Springer Singapore : , : Imprint : Springer, , 2019 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||