Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Economic Freedom of the States of India 2012, Paperback / softback Book

Economic Freedom of the States of India 2012 Paperback / softback

Paperback / softback

Description

Economic freedom matters. It improves outcomes by empowering citizens with the freedom to choose.

This report, one of a series starting in 2005, once again seeks to measure economic freedom in different Indian states, and to show how this improves economic outcomes.

Economic freedom is a concept first used by the Fraser Institute to measure the extent to which governments constrain efficient decision making and distort resource allocation.

It has been used in cross-country literature to show that countries with higher levels of freedom have better development indicators.

However, attempts to capture economic freedom at the sub-national level of state governments are rare, although very pertinent in a federal country like India.

Many areas of economic decision making in India fall under the jurisdiction of state governments, and are listed in the Seventh Schedule of the Indian Constitution.

Our pioneering work modifies the Fraser Institute's methodology of measuring economic freedom across countries, creating a new way of measuring economic freedom across Indian states.

This enables us to see which states are getting freer or less free, and to demonstrate how economic freedom at the state level impacts economic development.

Information

Information