IDEAS home Printed from https://ideas.repec.org/p/ess/wpaper/id959.html
   My bibliography  Save this paper

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

Author

Listed:
  • Arvind Virmani

Abstract

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, income distribution and hunger at an aggregate level. The broad theme that emerges from the analysis is that the failures on this front, apart from the indirect effects of growth, are linked directly to the failure of governance. This failure has many dimensions; the misallocation of government resources, the failure to follow norms of social benefit-cost analysis that were the reason-de-tar for the introduction of national planning, the neglect of public and quasi-public goods that are the most fundamental justification for the existence of government and a gradual (over decades) but progressive deterioration in the quality of governance. [Planning commission Working Paper 2/2006]

Suggested Citation

  • Arvind Virmani, 2007. "Lesons Government Failure: Public Goods Provision and Quality of Public Investment," Working Papers id:959, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:959
    as

    Download full text from publisher

    File URL: http://www.eSocialSciences.com/data/articles/Document12542007390.9658472.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Arvind Virmani, 2004. "Economic reforms: Policy and institutions some lessons from Indian reforms," Indian Council for Research on International Economic Relations, New Delhi Working Papers 121, Indian Council for Research on International Economic Relations, New Delhi, India.
    2. Arvind Virmani, 2004. "India's economic growth: From socialist rate of growth to Bharatiya rate of growth," Indian Council for Research on International Economic Relations, New Delhi Working Papers 122, Indian Council for Research on International Economic Relations, New Delhi, India.
    3. Arvind Virmani, 2005. "Policy regimes, growth and poverty in India : Lessons of government failure and entrepreneurial success," Indian Council for Research on International Economic Relations, New Delhi Working Papers 170, Indian Council for Research on International Economic Relations, New Delhi, India.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Arvind Virmani, 2009. "China’s Socialist Market Economy: Lessons for Democratic Developing Countries," Working Papers id:1899, eSocialSciences.
    2. Arvind Virmani, 2005. "China's Socialist Market Economy: Lessons of Success," Indian Council for Research on International Economic Relations, New Delhi Working Papers 178, Indian Council for Research on International Economic Relations, New Delhi, India.
    3. Arvind Virmani, 2004. "Sources of India's economic growth: trends in total factor productivity," Indian Council for Research on International Economic Relations, New Delhi Working Papers 131, Indian Council for Research on International Economic Relations, New Delhi, India.
    4. Arvind Virmani, 2006. "China’s Socialist Market Economy - Lessons Of Success," Macroeconomics Working Papers 22274, East Asian Bureau of Economic Research.
    5. Chaitanya, K., 2004. "Indian Economy in the Next Five Years: Key Issues and Challenges, 2005-2009," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(4).
    6. repec:kqi:journl:2018-2-1-2 is not listed on IDEAS
    7. Siddiqur Osmani, 2009. "Explaining Growth in South Asia," Chapters, in: Gary McMahon & Hadi Salehi Esfahani & Lyn Squire (ed.), Diversity in Economic Growth, chapter 3, Edward Elgar Publishing.
    8. Surajit Mazumdar, 2010. "Industry and Services in Growth and Structural Change in India: Some Unexplored Features," Working Papers 1002, Institute for Studies in Industrial Development (ISID).
    9. Baldwin, Richard & Forslid, Rikard, 2023. "Globotics and Development: When Manufacturing Is Jobless and Services Are Tradeable," World Trade Review, Cambridge University Press, vol. 22(3-4), pages 302-311, October.
    10. Saon Ray, 2014. "What Explains the Productivity Decline in Manufacturing in the Nineties in India?," Working Papers id:6280, eSocialSciences.
    11. Mazumdar, Surajit, 2017. "The Indian Economy in the Second Decade of the 21st Century: Signs of a Crisis?," MPRA Paper 93164, University Library of Munich, Germany.
    12. Mazumdar, Surajit, 2011. "The State, Industrialization and Competition: A reassessment of India's Leading Business Enterprises under Dirigisme," MPRA Paper 47810, University Library of Munich, Germany.
    13. Sharma, Anurag & Jha, Raghbendra, 2012. "Fiscal deficits, banking crises and policy reversal in a semi-open economy," Economic Modelling, Elsevier, vol. 29(2), pages 271-282.
    14. Ghosh Dastidar, Sayantan, 2015. "Manufacturing and Trade Liberalisation of India: Continuing the Debate," MPRA Paper 61907, University Library of Munich, Germany.
    15. Alfano, Marco, 2017. "Daughters, dowries, deliveries: The effect of marital payments on fertility choices in India," Journal of Development Economics, Elsevier, vol. 125(C), pages 89-104.
    16. Diego Bastourre & Luis Casanova & Alejo Espora, 2011. "Tipo de Cambio Real y Crecimiento: Síntesis de la Evidencia y Agenda de Investigación," Department of Economics, Working Papers 082, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
    17. Sabyasachi Tripathi, 2019. "Do economic reforms promote urbanization in India?," Asia-Pacific Journal of Regional Science, Springer, vol. 3(3), pages 647-674, October.
    18. Sudawan Somjai & Thitinan Chankoson & Kittisak Jermsittiparsert, 2020. "An economic analysis of agricultural production function on the paddy fields of Thailand," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2012-2025, March.
    19. Mazumdar, Surajit, 2012. "The State, Capital and Development in ‘Emerging’ India," MPRA Paper 36413, University Library of Munich, Germany.
    20. L. Alan Winters & Shahid Yusuf, 2007. "Dancing with the Giants: China, India, and the Global Economy," World Bank Publications - Books, The World Bank Group, number 6632.
    21. Sumon Kumar Bhaumik & Shubhashis Gangopadhyay & Shagun Krishnan, 2009. "Reforms and Entry: Some Evidence from the Indian Manufacturing Sector," Review of Development Economics, Wiley Blackwell, vol. 13(4), pages 658-672, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:959. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Padma Prakash (email available below). General contact details of provider: http://www.esocialsciences.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.