The India Policy Forum 2005-06

The India Policy Forum (IPF) is an annual publication dedicated to analyzing contemporary trends in the Indian economy. Its objective is to carry theoretically rigorous yet empirically informed research tacking current issues relating to India’s economic policy. In particular, it will address issues related to the scope, speed, and desirability of economic reforms in India and their fundamental impact on the country’s social and economic welfare. A joint publication of the National Council of Applied Economic Research in India and the Brookings Institution in the United States, the IPF serves as a forum for a global network of scholars interested in India’s economic transformation.

Topics in the 2005-06 volume:

Editors’ Summary

Excessive Budget Deficits, a Government-Abused Financial System, and Fiscal Rules
WILLEM H. BUITER and URJIT R. PATEL

Trends and Issues in Tax Policy and Reform in India
M. GOVINDA RAO and R. KAVITA RAO

How Applicable Is the Inflation-Targeting Framework for India?
SHEETAL K. CHAND and KANHAIYA SINGH

Pre- and Post-Reform India: A Revised Look at Employment, Wages, and Inequality
SURJIT S. BHALLA and TIRTHATANMOY DAS

Universal Telecommunications Service in India
ROGER G. NOLL and SCOTT J. WALLSTEN