Cover

Half-title

Title

Copyright

Contents

List of Tables

Preface

List of Abbreviations

Introduction

PART ONE: GENERAL

1 Public expenditure and state accumulation in theory

Comments on economic approaches to public spending

Development and state accumulation

The rationale of state accumulation

2 Indian nationalism and the state accumulation policy

Mimetic nationalism

Pre -history of Indian state accumulation policy

Background to post-independence development policy

i The chronology of planning

ii The phases of external economic policy

iii The chronology of politics

3 The interpretation of Indian public expenditure statistics

Primary documents and secondary reclassifications

Schemes ofreclassification: a critique

i Definition of 'government'

ii Uniformity of treatment

iii Linking public expenditure with macroeconomic aggregates.

iv Elimination of double-counting

v The measure of government capital formation

Indian versions of the national accounts reclassification

a Coverage and consiste

b The economic classification

c The functional classification

d Treatment of local authorities

PART TWO: EMPIRICAL EVIDENCE

4 The fiscal performance of the public sector

Growth of public authorities' expenditure

Changing composition of public expenditure

Decline of public sector capital formation and saving

Stagnation of public enterprise surpluses

5 Public expenditure and the industrial recession

Post-1965 recession and capital goods

Public expenditure and the demand for capital goods

6 The degree of public expenditure centralization

Changes in public expenditure centralization

Possible explanations considered

7 The growth of state governments' spending

Inter-state differences in public expenditure growth

Factors related to public spending growth in the

8 Public investment, public saving and the state governments

Public investment centralization

Public saving centralization

Inter-state differences in the growth of public capital formation

Statewise comparison of public capital formation public saving

PART THREE: CONCLUSIONS

9 The Indian state accumulation policy in retros-pect

Mimetic nationalism and state accumulation

State accumulation and public expenditure

Public expenditure control and the states

10 Summary of conclusions

APPENDICES

A Checklist of state-produced economic reclassifi-cations

B The calculation of expenditure centralization ratios from data on a national accounts basis

C Problems arising in the preparation of statewise constant price expenditure series

List of works cited

Index