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Modern View
FISCAL POLICIES
(3)
answer(s).
Srl
Item
1
ID:
153134
Demonetisation and remonetisation in India: state-induced chaos or responsible governance?
/ Midthanpally, Raja Shekhar
Midthanpally, Raja Shekhar
Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract
The recent demonetisation in India is an issue of potentially wider relevance that requires further analysis. This brief article places the current evidence into a wider context, indicates how the process has been managed so far and then raises some searching questions concerning the role of the Indian state. Particularly, to what extent can this kind of measure be seen as evidence of responsible governance in the wider context of ‘Modinomics’, relating to claims that government should be less of a spender than an enabler? Wider elements of epistemology, asking how we know what we think we know about India’s black economy and informal sector are also gaining prominence in such endeavours.
Key Words
State
;
Economics
;
India
;
Governance
;
Informal Economy
;
Fiscal Policies
;
Demonetisation
;
Black Mone
;
Modinomics
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2
ID:
116305
Fiji economy: muddling through
/ Prasad, Biman Chand
Prasad, Biman Chand
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2012.
Summary/Abstract
Twenty-five years since the first military coup in 1987, Fiji continues to muddle through both politically and economically. The promise of a general election under a race-free constitution remains the fervent hope of all citizens. Economically the country continues to slide downwards, reflected in poor economic growth in 2010 and 2011. A poor level of private sector investment remains a feature of the macroeconomic picture, and it is unlikely to change for the foreseeable future. This article provides an overview of the Fiji economy and reflections on future prospects.
Key Words
Investment
;
Macroeconomics
;
Savings and investment
;
Inflation
;
External Debt
;
Tourism
;
Coup
;
Mahendra Chaudhry
;
Sugar Industry
;
GDP Growth Rate
;
Fiscal Policies
;
Frank Bainimarama
;
Information Disconnection
;
Pacific Islands Economies
;
Reserve Bank of Fiji
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3
ID:
150397
Towards establishing a scale for assessing the attractiveness of petroleum fiscal regimes – evidence from Malaysia
/ Manaf, Nor Aziah Abdul; Mas'ud, Abdulsalam ; Ishak, Zuaini ; Saad, Natrah
Manaf, Nor Aziah Abdul
Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract
This paper identifies a gap in the current literature relating to the attractiveness of petroleum fiscal regimes and suggests that establishing a measurement scale based on relevant factors drawn from the extant literature and on the perceptions of experts would complement the economic models currently in use and could become an industry standard. It will undoubtedly influence the petroleum fiscal policies and practices of petroleum producing countries. The methodology used involved a review of literature to identify factors that enhance the attractiveness of petroleum fiscal regimes; deploying experts to validate the appropriateness of the identified factors; conducting exploratory factor analysis and evaluating the internal consistency reliability of the construct's dimensions; performing confirmatory analysis for convergence and discriminant validity of the dimensions; and computing model fit indices to evaluate the goodness of fit of the four-factor correlated attractiveness petroleum fiscal regime scale. The results obtained suggest that a credible and manageable scale for assessing the attractiveness of petroleum fiscal regimes can be readily constructed. This research has taken the first important pioneering step in the construction of a globally applicable scale, the mechanics of which will require extension of our research, and consequently makes a significant contribution to policymaking and literature.
Key Words
Fiscal Administration
;
Fiscal Policies
;
Attractive Petroleum Fiscal Regime
;
Fiscal Certainty
;
Fiscal Efficiency
;
Fiscal Equity/Neutrality
;
Fiscal Practices
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