The steady decline of funds available through ODA implies the necessity of design of innovative funding mechanisms for development. This paper considers several such proposals including an international carbon tax, a Tobin tax, aviation taxes, bit taxes, taxes on international trade, taxes on...

If public expenditure and public revenue are I (0), public debt is sustainable, butif these are I (1) and not cointegrated or have a cointegrating vector differentfrom [1, -1], the public debt is said to be unsustainable. Extant work indicates that India's public debt is unsustainable. The...