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FISCAL POLICIES (3) answer(s).
 
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ID:   153134


Demonetisation and remonetisation in India: state-induced chaos or responsible governance? / Midthanpally, Raja Shekhar   Journal Article
Midthanpally, Raja Shekhar Journal Article
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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   Journal Article
Prasad, Biman Chand Journal Article
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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.
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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   Journal Article
Manaf, Nor Aziah Abdul Journal Article
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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.
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