December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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India’s Monetary and Fiscal Policy | 121
to provide urban infrastructure that is essential for ecient retailing. While in
some cases, attracting foreign investors requires the government to increase its
investment in infrastructure, if the opportunity is attractive enough (as is likely to
be the case for retailing in India’s large market), entrants will be willing to provide
needed infrastructure. Alternatively, requiring entrants to obtain a government
license and auctioning of such licenses could generate resources for the government
to undertake investment in the needed infrastructure.
In conclusion, fiscal adjustment does not have to imply ...
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