IDEAS home Printed from https://ideas.repec.org/a/icf/icfjpf/v03y2005i1p57-63.html
   My bibliography  Save this article

Measuring Fiscal Deficit: Some Conceptual and Methodological Issues

Author

Listed:
  • S Asha Prasuna

Abstract

The present paper critically reviews the International Monetary Fund's methodology on measurement of the fiscal deficit and assessing its impact. It highlights some of the existing controversies in use of such methods and some alternative indicators. It also examines the trends and relationship between fiscal deficit and other macroeconomic indicators of the Indian economy after the initiation of the fiscal consolidation program in 1991. It argues that given the unique nature of Indian economy, a sudden reduction in fiscal deficit may not be beneficial in the long run. While there is a need to curtail unproductive expenditure and increase the efficiency of government expenditure, the ad hoc measures of bringing down or suppressing the fiscal deficit as a number game ought to be replaced with a more meaningful and alternative long-lasting approach that suits the Indian conditions.

Suggested Citation

  • S Asha Prasuna, 2005. "Measuring Fiscal Deficit: Some Conceptual and Methodological Issues," The IUP Journal of Public Finance, IUP Publications, vol. 0(1), pages 57-63, February.
    • Handle: RePEc:icf:icfjpf:v:03:y:2005:i:1:p:57-63
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjpf:v:03:y:2005:i:1:p:57-63. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.