Author(s)
World BankKeywords
AUTONOMYEXCHANGE RATE
TRADE POLICIES
ANTI-CORRUPTION
PER CAPITA INCOMES
INVESTMENT CLIMATE
FISCAL DISCIPLINE
TAX REFORM
GROWTH RATE
INTERNAL AUDIT
HUMAN DEVELOPMENT
MONETARY POLICY
PUBLIC SECTOR
TOTAL FACTOR PRODUCTIVITY
POTENTIAL INVESTORS
FINANCIAL INSTITUTIONS
ECONOMIC PERFORMANCE
RESIDENTIAL CONSUMERS
BENCHMARK
FOREIGN DIRECT INVESTMENT
PER CAPITA INCOME
NATIONAL INCOME
TAX RATES
STATE GOVERNMENT
FISCAL DEFICIT
CIVIL SERVICE REFORMS
LEGISLATION
INSURANCE
BUDGET DEFICIT
EXPORTS
CORRUPTION
EDUCATION & ECONOMIC DEVELOPMENT
TRADE POLICIES
WORLD TRADE ORGANIZATION
CAPITAL MARKETS
BALANCE OF PAYMENTS
CONSUMERS
SOCIAL SECTOR
AGRICULTURE
PUBLIC EXPENDITURES
PUBLIC AFFAIRS
FISCAL REFORMS
MANDATES
PUBLIC RESOURCES
SOCIAL SAFETY NETS
TRANSPARENCY
REGULATORY SYSTEMS
SAVINGS
ECONOMIC GROWTH
PRIVATE SECTOR
FISCAL REFORM
IMPORTS
PUBLIC SERVICES
EXPENDITURE
DEBT
PUBLIC SERVICE DELIVERY
INCOME
PUBLIC SPENDING
ELASTICITY
FINANCIAL AUTONOMY
TAX ADMINISTRATION
PUBLIC SAVINGS
MARKET DISTORTIONS
SOCIAL SERVICES
PENALTIES
PUBLIC EXPENDITURES
BUDGET MANAGEMENT
UTILITIES
DEPOSITS
PUBLIC INVESTMENTS
GOVERNMENT SPENDING
GOVERNMENT DEBT
UNEMPLOYMENT
FINANCIAL SECTOR
RESERVE BANK OF INDIA
INTEREST RATES
WHOLESALE PRICE INDEX
HEALTH SERVICES
PRODUCTIVITY
GOVERNMENT POLICY
GOOD GOVERNANCE
BONDS
ACCESS TO INFORMATION
GOVERNMENT REFORM
PUBLIC SERVICE
ELECTRICITY
FISCAL SITUATION
STATE INSTITUTIONS
MONETARY POLICIES
TAX
FISCAL RESPONSIBILITY
DEBT SERVICE
WAGES
FISCAL MANAGEMENT
SOCIAL SAFETY
CIVIL SERVICE
FISCAL DEFICITS
PUBLIC FINANCE
GOVERNMENTAL ORGANIZATION
PRIVATIZATION
GROSS DOMESTIC PRODUCT
COMPETITIVENESS
BORROWING
EXCHANGE RATES
FINANCIAL SYSTEM
ECONOMIC DEVELOPMENT
FISCAL
PUBLIC INVESTMENT
SAFETY NETS
BENCHMARKS
FISCAL STANCE
PUBLIC ENTERPRISES
INFLATION
PENSIONS
FISCAL MANAGEMENT
ACCOUNTABILITY
UNEMPLOYMENT RATES
GDP
GOVERNMENT SECURITIES
ROADS
MANAGERIAL EFFICIENCY
FISCAL POLICY
LIVING STANDARDS
GOVERNMENT SUBSIDIES
TRADE REFORMS
HEALTH SPENDING
FISCAL YEAR
CAPITAL FORMATION
EXPENDITURES
PUBLIC DEBT
DECENTRALIZATION
FISCAL SUSTAINABILITY
CENTRAL GOVERNMENT
BALANCE OF PAYMENTS
ELECTRICITY SERVICES
WTO STANDARD OF LIVING
BUDGET DEFICITS
LABOR FORCE
PUBLIC SERVICE DELIVERY
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Show full item recordOnline Access
http://hdl.handle.net/10986/15046Abstract
The report analyzes India ' s continued good progress in increasing incomes, and improving living standards over the past decade, which after the setback associated with the 1991 balance of payments crisis, economic growth picked up, income poverty continued to decline, and many social indicators, in particular literacy, continued to improve. Likewise, there has been an opening to private activity, trade policy and the exchange rate regime have been further liberalized, and capital markets have been reformed, leading to an improved investment climate. Nonetheless, development progress has been steady, but uneven, while in addition, the recent growth deceleration was accompanied by a slowdown in investment, especially in the private sector. The fiscal position of the general government has now also deteriorated, with a rising budget deficit, the result of a significant increase in government consumption, and continued low revenue mobilization. But at the same time, prudent monetary policy has helped contain inflation, and strengthen the balance of payments. Based on this analysis, fiscal reforms are needed in taxation, financial, social, as well as for fiscal management. The report also reviews the delivery of public services, showing the need to access effective social safety nets, i.e., social services that require increasing the level, but more importantly the quality of public expenditures in these areas. This in turn requires improving the governance and productivity of India ' s civil service, and the pressing problem of affordability. An effective program of civil service reform should include measures to achieve the following three objectives: improve access to information; strengthen accountability; and, reduce political interference. Of special concern, are the weaknesses in the service delivery of social sectors: education, health and social safety nets, and, it has been argued that decentralization, and local empowerment will ultimately improve the quality of service delivery at the village level. The report suggests improving the investment climate, with a special look at infrastructure development, while promoting rapid agricultural, and rural growth given its importance in the socioeconomic, and political fabric of India, through productivity-enhancing investments.Date
2013-08-14Identifier
oai:openknowledge.worldbank.org:10986/15046http://hdl.handle.net/10986/15046
0-19-566830-8
Copyright/License
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Showing items related by title, author, creator and subject.
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Seychelles - Public Expenditure ReviewWorld Bank (World Bank, 2012-03-19)In 2008, after many years of
 unsustainable fiscal policy and a distorted and overvalued
 foreign exchange regime, the Government of Seychelles
 embarked upon a bold economic reform program. This program
 aims to put the economy on a path toward macroeconomic
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 sector to take over from the state as the driving force in
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 employment, faced acute economic difficulties in 2008 as a
 result of past economic management exacerbated by the rising
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 complete liberalization of the exchange rate regime and
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