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Reprioritisation of public expenditure for human development

Author

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  • Sen, Tapas K.

    (National Institute of Public Finance and Policy)

  • Karmakar, Krishanu

    (National Institute of Public Finance and Policy)

Abstract

An important method of managing resources to finance consistent and balanced human development lies in the reprioritisation of current expenditure in accordance with the urgent needs and shortfalls in particular areas. Such reprioritisation should also lead the states to a better macroeconomic future, through improvements in key areas. The key issue then is: what scope is there for reallocating public expenditures at the state level to finance increased attention to human development? To provide some empirical content to this discussion, the authors try to develop an objective method for reprioritisation of public expenditure in this paper. The suggested framework may be taken to yield a benchmark for any prescription for expenditure reallocation. [NIPFP WP]
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Sen, Tapas K. & Karmakar, Krishanu, 2007. "Reprioritisation of public expenditure for human development," Working Papers hd2, National Institute of Public Finance and Policy.
    • Handle: RePEc:npf:wpaper:hd2
    Note: Financing Human Development Working Paper 2, 2007
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    File URL: http://www.nipfp.org.in/working_paper/wp_2007_hd_50.pdf
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    References listed on IDEAS

    as
    1. Besley, Timothy & Case, Anne, 1995. "Incumbent Behavior: Vote-Seeking, Tax-Setting, and Yardstick Competition," American Economic Review, American Economic Association, vol. 85(1), pages 25-45, March.
    2. Salmon, Pierre, 1987. "Decentralisation as an Incentive Scheme," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 3(2), pages 24-43, Summer.
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    Cited by:

    1. Sen, Tapas K. & Amarnath, H.K. & Choudhury, Mita & Kundu, Provita, 2008. "Fiscal reforms, persistent poverty, and human development: The case of Orissa," Working Papers 08/04, National Institute of Public Finance and Policy.

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    Keywords

    Public expenditure ; Human development;

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