The Burden of Government Debt in the Indian States :Implications for the MDG Poverty Target

In this paper we explore what impact, if any, government debts have on achieving the Millennium Development Goals for the Indian states. To fulfill the goals, national governments, especially in the developing world, have to undertake major investments in the social sector; but how much they will re...

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Bibliografische gegevens
Hoofdauteur: Indranil Dutta
Formaat: Printed Book
Gepubliceerd in: Research Paper No. 2006/39 2006
Onderwerpen:
MILLENNIUM DEVELOPMENT GOALS
Online toegang:http://10.26.1.76/ks/00970.pdf
LEADER 012820000a22001450004500
100 |a Indranil Dutta 
245 |a The Burden of Government Debt in the Indian States :Implications for the MDG Poverty Target 
260 |c 2006 
260 |b Research Paper No. 2006/39 
520 |a In this paper we explore what impact, if any, government debts have on achieving the Millennium Development Goals for the Indian states. To fulfill the goals, national governments, especially in the developing world, have to undertake major investments in the social sector; but how much they will really be able to do so will depend on the conditions of their finances. For the Indian states we find that government investment in the social sector is extremely important to reduce poverty, but the government's debt burden is actually stopping several states from attaining the MDG targets. Although, in the medium term the impact of the debt on poverty is not very harmful, in the longer run it has a significant negative impact. Therefore for policy purposes reduction in debt should be given a priority. 
650 |a MILLENNIUM DEVELOPMENT GOALS 
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