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Fiscal Consolidation, Budget Deficits and the Macro Economy

Fiscal Consolidation, Budget Deficits and the Macro Economy by Lekha S Chakraborty
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Is fiscal deficit detrimental to growth rate? Does it create macroeconomic imbalance? If so, is deficit containment a prerequisite for sustained reduction in inflation? Does fiscal deficit crowd out private investment and, if so, to what extent? Does fiscal deficit affect rate of interest?

This book analyses such debates and impacts of fiscal deficit in India, empirically, through macro econometric exercise.  Filling an existing gap, it revisits the debate on the macroeconomic effects of deficit by taking India as a case study based on a long-time series analysis from 1980–81 to 2012–13. 

SAGE Publications; July 2016
221 pages; ISBN 9789351509905
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Title: Fiscal Consolidation, Budget Deficits and the Macro Economy
Author: Lekha S Chakraborty
 
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ISBNs
9789351509899
9789351509905