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Structural Change Forecasts for India: How Big of a Bang Can a Big Bang Have?
India’s political environment exhibits a new determination to “transform India into a global manufacturing hub,” and in the process raise manufacturing to 25% of GDP and create 100 million new manufacturing jobs. This would ...
Promoting Growth, Maintaining Progressivity, and Dealing with the Fiscal Crisis CGE Simulations of a Temporary VAT Used for Debt Reduction
Trade-offs between economic efficiency, growth, and distributional equity permeate economics, including discussions of tax policy and tax reform. Computable general equilibrium (CGE) modeling is one tool that is often used ...