Public Expenditure Economic Growth and Inflation is popular PDF and ePub book, written by Mukesh Kumar Solanki in 2015-02-11, it is a fantastic choice for those who relish reading online the Economic development genre. Let's immerse ourselves in this engaging Economic development book by exploring the summary and details provided below. Remember, Public Expenditure Economic Growth and Inflation can be Read Online from any device for your convenience.
Public Expenditure Economic Growth and Inflation Book PDF Summary
The book “Public Expenditure, Economic Growth and Inflation” addresses the most relevant issue of inflation in Indian economy. It makes an interesting reading as it attempts to establish the relationship among three macro-economic indicators, i.e., public expenditure, economic growth and inflation. The book gives an overview of the increasing public expenditure and its composition throughout the years after independence. Based on the secondary data the study makes a sincere effort to establish the possible relationship between public expenditure, inflation and economic growth. The book finds out that the Wagner law of increasing state activity is applicable in India both in absolute and relative terms. Economic Growth and public expenditure are positively correlated. Economic growth and inflation are inversely related. As public expenditure is motivated by maximization of social welfare, reduction in public expenditure means to sacrifice the social welfare objective.
Detail Book of Public Expenditure Economic Growth and Inflation PDF
- Author : Mukesh Kumar Solanki
- Release : 11 February 2015
- Publisher : Allied Publishers
- ISBN : 9788184249767
- Genre : Economic development
- Total Page : 134 pages
- Language : English
- PDF File Size : 13,8 Mb
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