Subnational Fiscal Sustainability Analysis : What Can We Learn from Tamil Nadu?

Subnational Fiscal Sustainability Analysis : What Can We Learn from Tamil Nadu?

In the late 1990s the Indian state of Tamil Nadu experienced an unprecedented fiscal deterioration, which was part of the widespread fiscal deterioration in Indian states. This deterioration was troubling because current expenditure outgrew total revenue, leaving little fiscal space for infrastructu...

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Bibliographic Details
Main Authors:	Ianchovichina, Elena, Liu, Lili, Nagarajan, Mohan
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING AGRICULTURE BANK LENDING BORROWING BUDGET CONSTRAINT BUDGETARY SUPPORT CAPITAL EXPENDITURE CAPITAL MARKETS CAPITAL OUTLAYS CAPITAL SPENDING CENTRAL GOVERNMENTS CENTRAL TAXES CENTRAL TRANSFERS COMMERCIAL BANKS CONSOLIDATION CONSUMERS COUPONS CREDIT RISK CREDITWORTHINESS DEBT DEBT BURDEN DEBT SERVICE DEBT SUSTAINABILITY DECENTRALIZATION DEFICITS DEVOLUTION DOMESTIC BORROWING ECONOMIC GROWTH ECONOMIC PERFORMANCE ELECTRICITY EMPLOYMENT EVASION EXPENDITURE COMPOSITION FACTORING FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL TRANSACTIONS FISCAL ACCOUNTS FISCAL ADJUSTMENT FISCAL ADJUSTMENTS FISCAL BALANCE FISCAL BALANCES FISCAL BEHAVIOR FISCAL CRISES FISCAL CRISIS FISCAL DECENTRALIZATION FISCAL DEFICIT FISCAL DEFICITS FISCAL DISCIPLINE FISCAL FRAMEWORK FISCAL PERFORMANCE FISCAL POLICIES FISCAL POLICY FISCAL REFORM FISCAL REFORMS FISCAL RISKS FISCAL STRESS FISCAL SUSTAINABILITY FISCAL TRANSFERS FISCAL TRANSPARENCY FOREIGN EXCHANGE GDP GOVERNMENT BONDS GOVERNMENT BUDGET GOVERNMENT DEBT GOVERNMENT FINANCE GOVERNMENT GUARANTEES GOVERNMENT REVENUE GOVERNMENT SECURITIES GOVERNMENT SUBSIDIES GROWTH POTENTIAL GROWTH RATE GROWTH RATES HOUSING INFLATION INFLATION RATE INFLATION RATES INTEREST EXPENDITURE INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERGOVERNMENTAL REVENUE LAWS LEGAL FRAMEWORK LEGISLATION LOCAL GOVERNMENT LOCAL GOVERNMENTS MACROECONOMIC CONDITIONS MACROECONOMIC POLICIES MACROECONOMIC STABILITY MARKET DISCIPLINE MIDDLE INCOME COUNTRIES MONETARY POLICY MONOPOLY MOTOR VEHICLE TAXES NATIONAL POLICIES NET LOSS NET LOSSES NOMINAL INTEREST RATE NOMINAL INTEREST RATES PENSION LIABILITIES PENSIONS PRESENT VALUE PRIMARY BALANCE PRIVATIZATION PUBLIC PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC SECTOR REAL INTEREST RATE RECURRENT EXPENDITURES RESERVE BANK OF INDIA RETIREMENT REVENUE REVENUE GROWTH REVENUE PERFORMANCE REVENUE SHARING REVENUE SOURCES RISK FACTORS SAVINGS SUBNATIONAL FINANCE SUBNATIONAL GOVERNMENTS TAX TAX REFORM TAX REVENUE TAX REVENUES TAXATION TOTAL REVENUE TRANSFERS TRANSPORT UTILITIES WAGES
Online Access:	http://documents.worldbank.org/curated/en/2006/06/6871766/subnational-fiscal-sustainability-analysis-can-learn-tamil-nadu http://hdl.handle.net/10986/8425

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