Societal Implications of Fiscal and Monetary Policies

Does Good Governance Matter?
1. Auflage 2026
ISBN: 978-1-041-02544-3
Verlag: Taylor & Francis Ltd

Buch, Englisch, 398 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 733 g

Public spending is an important policy tool of fiscal policy. This book empirically examines whether government expenditure – both capital and revenue – and governance indicators maintain any dynamic relationships with social sector developments.

The book addresses critical themes in contemporary macroeconomics, including the ongoing debate between monetarist and Keynesian schools regarding inflation drivers, the role of government expenditure and money supply in promoting economic growth, social sustainability, and the emerging importance of environmental sustainability in policy formulation. It explores how good governance practices, particularly corruption control, influence the effectiveness of fiscal and monetary policies, while examining the delicate balance between economic expansion and environmental conservation through green financing and sustainable development initiatives.

The book will be useful to students and researchers of economics, political science, sociology, administrative sciences, international relations, and the policymakers in the fiscal and monetary sectors of a country.

Zielgruppe

Academic and Postgraduate

Autoren/Hrsg.

Chandra Das, Ramesh

Fachgebiete

• Sozialwissenschaften Soziologie | Soziale Arbeit Spezielle Soziologie Stadt- und Regionalsoziologie
• Interdisziplinäres Wissenschaften Wissenschaften Interdisziplinär Regionalwissenschaften, Regionalstudien
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Sozialwissenschaften Soziologie | Soziale Arbeit Soziale Arbeit/Sozialpädagogik Soziale Dienste, Soziale Organisationen
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Sozialpolitik

Inhaltsverzeichnis

List of Figures x

List of Tables xi

Contributors xiv

Foreword xxi

Preface xxv

Abbreviations xxvii

Introduction 1

Ramesh Chandra Das

Part I Policy Implications to Education, Health, and Overall Development 11

1 An Empirical Analysis of Fiscal Policy, Governance, and Educational Outcomes in Low- and Middle-income Countries 13

Haimanti Banerjee and Sucharita Ghosh

2 Nexus between Governance, Corruption, and Human Development: Evidence from Low-income Countries 32

Abhijit Bhattacharya and Mousumi Ghatak

3 The Role of Government Expenditure, Economic Growth, and Investment in Explaining Human Development Index: A Panel Data Analysis 48

Biswajit Nayak and Sudipta Jha

4 Nexus between Economic Development and Quality of Governance: A Cross-country Study with Reference to Post-globalization Time 61

Debashis Mazumdar and Mainak Bhattacharjee

5 Examining the Idea of Good Governance and Human Rights in South Asian Context 74

Eyasin Khan

6 Corruption and Development in Bangladesh: An Analysis 90

Tulshi Kumar Das, Krittebas Paul, and Priyanka Bhattacharjee

7 Role of Digitalization in the Effectiveness of Monetary Policy: Evidence from Developing Economies 109

Madhabendra Sinha, Samrat Roy, and Bablu Kumar Dhar

8 Fiscal Priorities in SAARC and ASEAN Countries: Exploring the Trade-offs between Defense and Development 125

Soumyajit Bhunia

9 Monetary Policy Tools and Their Effectiveness in Renewable Energy Project Development 141

Serhat Yüksel, Hasan Dincer and Ayse Nur Çirak

10 The Relations between Monetary Policy and Economic Growth: A Study on the Political Economy of Japan 153

Debasish Nandy

11 Does Public Spending upon Science and Technology and State Income Affect Environmental Quality?: A State-Level Analysis in India 170

Imran Hussain, Sunanda Das, and Ramesh Chandra Das

Part II Policy Implications to Socio-economic Sustainability 187

12 The Nexus between Social Expenditures and Human Development in OECD Countries: Fiscal Strategies for Sustainable Social Policies 189

Gamze Yildiz Seren and Aycan Can

13 Do Public Sector Corruption and Other Macroeconomic Indicators Increase Regional Imbalances in Economic Growth in Asian Countries? An Inquiry 202

Saddam Hossain Mondal and Puja Biswas

14 Gender-Responsive Budgeting and Social Sector Development: Insights from Türkiye’s Budget Justifications 216

Seyda Güdek-Gölçek and Ali Gökhan Gölçek

15 Factors Influencing Good Governance and Intention to Adopt Digital Governance Services: An Empirical Study on the e-Government Participation among Users in West Bengal, India 235

Arindam Metia

16 Good Governance and Industry 5.0 as Keys for the Social Sustainability 253

Begum Sertyesilisik

17 Good Governance and Social Sector Developments in India (2014–2024): Challenges and Future Directions 265

Raj Kumar Kothari and Budh Bahadur Lama

18 Terrorism, Regulatory Quality, and Economic Complexity in Selected African Countries 282

Richardson Kojo Edeme and Ekene Thank God Emeka

19 Good Governance and Digital Financial Inclusion: Evidences from West Bengal, India 298

Nilendu Chatterjee and Tonmoy Chatterjee

20 Nexus between Gender Inclusion and Climate Finance: Bridging Gaps for Sustainable Development 312

Megha Jain and Aishwarya Nagpal

21 Governance of Organizational Sustainability Management 336

José G. Vargas-Hernández, Absalón J. Salmerón-Zapata, and M. C. Omar C. Vargas-González

Index 357

Über Autor(innen)

Ramesh Chandra Das, PhD, is currently a Professor at the Department of Economics of Vidyasagar University in the state of West Bengal, India, with more than 25 years of teaching and research experience. His main areas of research lie in theoretical and applied macroeconomics, financial economics, environmental economics, and political economics. He has contributed several research papers to national and international journals of repute along with more than a dozen edited volumes in the related areas of the subject. Besides, he has written textbooks on microeconomics, macroeconomics, and managerial economics with internationally reputed publishers for different fields of readers and academicians and has been acting as the editor-in-chief in a couple of refereed journals.