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Fiscal Policies and Challenges in South Asia
[chapter]
Routledge Handbook of South Asian Economics
This paper presents a brief overview of the extant fiscal situation in South Asian countries. In particular, I emphasize low tax/GDP ratios and inelastic expenditure/GDP ratios which then lead to structurally entrenched fiscal deficits. The paper also reports on the sustainability of fiscal and current account deficits in the South Asian countries. Finally, the paper reports on some important issues in tax reform in South Asian counties. These include explaining and finding an antidote for low
doi:10.4324/9780203827796.ch12
fatcat:bkpo46nojrb3fjuydq3pjeqkr4