ISBN 9788132107422,Development and Public Finance : Essays in Honour of Raja J Chelliah

Development and Public Finance : Essays in Honour of Raja J Chelliah



SAGE Publications Ltd

Publication Year 2012

ISBN 9788132107422

ISBN-10 813210742X

Hard Back

Number of Pages 368 Pages
Language (English)


Development and Public Finance is a commemorative volume on late Dr Raja J. Chelliah, one of the foremost Public Finance experts of India. It is designed as a compendium of essays on contemporary issues of Public Finance and Development, focusing on the rapidly globalizing Indian economy. Well-known scholars and experts have contributed insightful articles to this collection. All contributions have been exclusively invited for this publication. They represent a weaving of interdependent themes of Development and Public Finance and are sequentially arranged to reflect their interrelationships. Some of the important topics analyzed by the articles are: divestment and privatization; financial transaction tax; carbon tax; fiscal federalism; goods and service tax; decentralization; social policy; and climate change. Not only is this volume academically rich, it also has an entire section where Dr Chelliah's peers and colleagues talk about him and how they saw him--the man they variously describe as a great scholar, a brilliant economist, and an indomitable crusader. Table Of Contents 1. Foreword C RANGARAJAN 2. Introduction and Overview D K SRIVASTAVA and U SANKAR I: PERSPECTIVES ON PUBLIC FINANCE 3. On Strategies for Disinvestment and Privatization VIJAY KELKAR 4. Financial Transactions Taxes PARTHASARATHI SHOME 5. Issues in Design and Implementation of a Carbon Tax System in India U SANKAR 6. Economic Analysis of India's Double Tax Avoidance Agreements ARINDAM DAS-GUPTA 7. A Political Cost Model of Fiscal Federalism: Some Empirical Results from Indian Federation SHYAM NATH 8. Tax Effort of Indian States, 2002-07 INDIRA RAJARAMAN and RAJAN GOYAL 9. On the Political Economy of Fiscal Imbalances in India D K SRIVASTAVA 10. When Should Budget Deficit be a Serious Concern? SUBRA RAMAMUTHY 11. Revenue Estimation for Goods and Services Tax MAHESH C PUROHIT and VISHNU KANTA PUROHIT II: PERSPECTIVES ON DEVELOPMENT 12. Contours of Central Banking: Have They Changed? C RANGARAJAN 13. Decentralization and Economic Development: Issues in Policy and Institutional Reform M GOVINDA RAO 14. Modelling Social Policy JAYA KRISHNAKUMAR, PAOLA BALLON & JUAN TELLEZ 15. Decentralization in India: Outcomes and Opportunities KALIAPPA KALIRAJAN & KEIJIRO OTSUKA 16. Globalization of Knowledge Development N S SIDDHARTHAN 17. Climate Change: Adaptation and Mitigation Policies in India K S KAVI KUMAR 18. Regional Growth Convergence in Indian States: A Panel Data Approach K R SHANMUGAM 19. Investment and Subsidies in Indian Agriculture: One Variation on a Theme by Dr Raja J Chelliah RAGHBENDRA JHA 20. Credit, Bank Branching and Output: Evidence from Indian States KAUSIK CHAUDHURI and MARY CHERICAL III: DR RAJA J CHELLIAH: IN MEMORIAM 21. A Biographical Sketch D K SRIVASTAVA 22. Raja Chelliah: Economist without an Honorific "Indian" DEENA KHATKHATE 23. Dr Chelliah: Great Crusader for Fiscal Reforms SUBRA RAMAMURTHY 24. Raja Chelliah: An Indomitable Crusader T S RANGAMANNAR 25. Index