Public Expenditure and Indian Development policy 1960-1970 /

Toye John

Public Expenditure and Indian Development policy 1960-1970 / John Toye - 1st ed. 2008. - US. Cambridge University Press; 2008. - 270 p . ; 14x22cm

Part one : General
1. Public expenditure and state accumulation in theory
2. Indian nationalism and the state accumulation policy
3. The interpretation of India public expenditure statistics
part two : Empirical Evidence
4. The fiscal performance of the public sector
5. Public expenditure and the industrial recession
6. The degree of public expenditure centralization
7. The growth of state governments' spending
8. Public investment, public saving and the state governments
Part three : conclusions
9. The Indian state accumulation policy in retrospect
10. Summary of conclusions

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.

978-0-521-05928-2

336.390954 / TOY

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