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.

Public Expenditure and Indian Development Policy 1960-70, Hardback Book

Public Expenditure and Indian Development Policy 1960-70 Hardback

Part of the Cambridge South Asian Studies series

Hardback

Description

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.

After attempting to provide accounts both of the abstract theory and of the institutional and policy context within which it was applied, this book analyses original empirical data on public expenditure in India between 1960 and 1970.

The real growth rate of public expenditure, its functional and economic composition at the all-India level are presented, and the strong contrast between the patterns of the first and last five year periods is elucidated.

The effect of the 1965-67 droughts and bad harvests in producing this contrast is assessed.

Information

Other Formats

Information

Also in the Cambridge South Asian Studies series  |  View all