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Economics liberalization and fiscal performance

by Asst.Professor at Indus Business Academy on May 28, 2013

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The process of liberalization post 1991 paved the way for the emergence of deregulated markets in India. It represented a shift from the import substitution oriented industrialization to the export ...

The process of liberalization post 1991 paved the way for the emergence of deregulated markets in India. It represented a shift from the import substitution oriented industrialization to the export promoting industrialization. The commanding role assumed by the state in the earlier era gave way to the market dominated economy. However certain indicators of public finance remain a cause of concern. We examine the relationship between fiscal deficit, government debt and taxes in this era of economic liberalization.

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Economics liberalization and fiscal performance Economics liberalization and fiscal performance Presentation Transcript