Fiscal Policy in India and Canada
|
Case Code: ECON004 Case Length: 04 Pages Period: 1994 - 2002 Pub Date: 2004 Teaching Note: Available |
Price: Rs.200 Organization : - Industry : - Countries : India, Canada Themes: Economics, Politics and Business Enviornment |
Abstract Case Intro 1
Caselet 01
The fiscal deficit is one of the most serious problems facing the Indian economy. For the year 2001-02, the central fiscal deficit was 5.7 percent of the GDP. If the fiscal deficit of the state governments is included, it amounts to more than 10 percent. This is large by any standard. Despite the fact that reforms were initiated more than a decade ago, the Indian economy has failed to contain the fiscal deficit...
Caselet 02
Any tax policy should aim at increasing revenues and providing stimulus for industry. There has to be a balance between the two. A direct relationship exists between tax collection and economic growth. With the liberalization of the economy and with the private sector playing an active role in all economic activities, the Government of India (GoI) should concentrate more on the social infrastructure...
Caselet 03
In the last decade, India's foreign exchange (forex) reserves have shown a healthy growth. In 2002, India's forex reserve touched $54 billion. This is a remarkable achievement after the serious Balance of Payments (BoP) crisis faced by the country in 1990-91...
Caselet 04
There is hardly any country which is free from public debt. USA, one of the world's most powerful economies has a public debt running into trillions of dollars. Another North American country, Canada, has an accumulated debt of $576 billion. Canada's public debt needs a mention because it has a population of only 25 million, thus it can be said that the per capita debt of Canada is $20,000...
Buy this case study (Please select any one of the payment options)
| Price: Rs.200 |
Price: Rs.200 | PayPal (5 USD) |
