ABSTRACT

This book critically examines the optimum range and duration of government interventions in the economic activities of a modern state based on theoretical and empirical frameworks, and assesses their role and extent in various economies. With a special focus on emerging economies across the globe, it discusses themes such as income growth; social sector development; good governance and economic progress; threshold limits; optimum budget policy and economic growth; sustainable distributional managements in public projects; food for work programs; agricultural infrastructure development; technological progress and economic growth; and distributional equities. The policy suggestions provided here offer helpful blueprints for developmental projects.  

Rich in data and figures, the book addresses sector-specific case studies like healthcare; irrigation and agriculture; infrastructure; taxation and economic growth; and public sector enterprises. It will be an excellent read for scholars and researchers of economics, Indian economics, macroeconomics, political economy, public policy, political science and management, development studies, development economy and governance. It will also be useful to policymakers, administrative officials, and government and corporate bodies.

chapter |9 pages

Introduction

part I|67 pages

Size of Government Intervention in General Economic and Social Perspectives

chapter 1|17 pages

The Problem of Financing Development Management

A Quest for Optimum Government Intervention

chapter 2|23 pages

Revisiting the Growth-Promoting Optimum Size of the Government

An Empirical Investigation From Developing Countries

chapter 3|10 pages

Dynamic Optimality of Government Expenditure

An Introspection Based on Endogenous Growth – A Theoretical Approach

part II|108 pages

Sectoral Aspects of Government Intervention in Economies and Groups

chapter 9|16 pages

Politics, Finance, and Infrastructure

Evidence From Emerging Economies

chapter 10|18 pages

Does Budget Deficit Cause Current Account Deficit in SAARC Countries?

A Time-Series Econometric Investigation

chapter 11|20 pages

Healthcare, Income Inequality, and International Trade

The Role of Public Expenditure

part III|96 pages

Country-Specific Analyses on the Impacts of Government Intervention

chapter 13|15 pages

Do Public–Private Partnerships Draw a Line at Government Intervention?

An Assessment of the Transportation Sector in Turkey

chapter 15|17 pages

Dynamic Effects of Public Expenditure on Oil-Producing Economies

Selected Case in Africa

chapter 17|14 pages

India–Nigeria Bilateral Economic Cooperation in the Oil Sector

A Case of Government Intervention in Strengthening South–South Cooperation