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Growth and public finance in Bihar

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  • Das Gupta, Chirashree
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    Abstract

    This paper explores the causal links between the role of public finance and Bihar's growth and development in the last decade; and argues that these links are tenuous. Bihar's growth acceleration precedes the ‘policy reforms' in public finance based on the ‘good governance' agenda initiated since 2005-06. However, the constraints on sustaining efforts to close Bihar's development gap with the rest of India stems from the nature of the growth process in its regional, sectoral and social dimensions and the contradictory means and ends of the ‘policy reforms' in public finance. Together, this has not only prevented the economic growth to add to public coiffeurs of the state but also occluded the role of tax institutions.

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    File URL: http://ir.ide.go.jp/dspace/bitstream/2344/1128/1/ARRIDE_Discussion_No.331_das.pdf
    File Function: First version, 2012
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    Bibliographic Info

    Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 331.

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    Date of creation: Mar 2012
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    Publication status: Published in IDE Discussion Paper. No. 331. 2012.3
    Handle: RePEc:jet:dpaper:dpaper331

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    Related research

    Keywords: India; Corporate governance; Public finance; Local economy; Good Governance; Growth; Bihar; Political Economy;

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    1. Surajit Mazumdar, 2010. "Industry and Services in Growth and Structural Change in India: Some Unexplored Features," Working Papers 1002, Institute for Studies in Industrial Development (ISID).
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