Environmental fiscal reforms

Fiscal Reforms in India

Fiscal Policy assumes a central place in the overall macroeconomic framework. As government sector and private sector compete for resources and for consumption in the economy, fiscal policy needs to be designed in a framework where an increase in government activity would result in net gains to the economy even when it may negatively impact in private sector activity, or reduce foreign exchange...

State Level Fiscal Reforms in India

There has been a steep deterioration in State finances during the last decade as evidenced by sharp increases in revenue, fiscal and primary deficits, increases in their indebtedness and contingent liabilities, and decline in capital and maintenance expenditures. Low buoyancy of central transfers and spillover of central pay revisions have had the most adverse impact on State finances. However,...

Fiscal Policy Reforms in a Global Economy

The paper considers two countries each populated by workers and capitalists and equipped with a government that collects taxes to nance productive expenditure and income redistribution. The share of income redistributed de nes the size of the welfare state. Both groups in each country bene t from an abolition of the welfare state in the long run. Nevertheless, the optimal scal policy in autarky...

From shadow to green: Linking environmental fiscal reforms and the informal economy

Fiscal Reforms and Multinational Entry Mode in China

The main purpose of this study is to empirically investigate the impact of political hazards on the entry mode choice of multinational investment. Additionally, this study also investigates the response of a multinational firm to contractual hazards in forming a jointventure. The empirical analysis demonstrates that multinational firms respond to political hazards by cooperating with local part...