{"id":987642340,"date":"2023-06-27T11:57:53","date_gmt":"2023-06-27T10:57:53","guid":{"rendered":"https:\/\/p4h.world\/?post_type=documents&#038;p=987642340"},"modified":"2023-10-26T13:32:39","modified_gmt":"2023-10-26T12:32:39","slug":"indias-g20-presidency-institutions-fiscal-space-and-social-health-protection","status":"publish","type":"documents","link":"https:\/\/p4h.world\/en\/documents\/indias-g20-presidency-institutions-fiscal-space-and-social-health-protection\/","title":{"rendered":"India&#8217;s G20 Presidency: Institutions, fiscal space and social health protection"},"content":{"rendered":"<p>A policy brief published by the Observer Research Foundation on India&#8217;s G20 presidency and and it&#8217;s implications for social health protection and fiscal space in the G20 countries.<\/p>\n<h5>Overview<\/h5>\n<p>Ensuring and managing the fiscal space is necessary for sustained government investment in human capital. As human capital complements physical capital in the &#8216;production\u2019 of GDP, countries that can raise adequate resources for such investments experience higher growth in the long run. This policy brief explores the relationship between fiscal space and investment in the health sector. It also looks at the institutional determinants of fiscal space in the G20 countries during 2005-2021, and establishes that country-specific institutions determine the evolution of the budgetary space.<\/p>\n<p>Compared to \u2018normal\u2019 years, the positive effects of institutions are more pronounced during crisis years (in our sample, 2009 and 2020). However, the institutions affect different countries differently. The G20 countries vary widely in terms of their historical experience, economic environment, and institutional realities, thus representing a microcosm of the world. As a result, the policy lessons are scalable at a global level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A policy brief published by the Observer Research Foundation on India&#8217;s G20 presidency and and it&#8217;s implications for social health protection and fiscal space in the G20 countries. Overview Ensuring and managing the fiscal space is necessary for sustained government investment in human capital. As human capital complements physical capital in the &#8216;production\u2019 of GDP,&#8230;<\/p>\n","protected":false},"author":559,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[172],"tags":[128,131],"document_type":[2332],"acf":[],"_links":{"self":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/documents\/987642340"}],"collection":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/documents"}],"about":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/types\/documents"}],"author":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/users\/559"}],"replies":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/comments?post=987642340"}],"version-history":[{"count":1,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/documents\/987642340\/revisions"}],"predecessor-version":[{"id":987666509,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/documents\/987642340\/revisions\/987666509"}],"wp:attachment":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media?parent=987642340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/categories?post=987642340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/tags?post=987642340"},{"taxonomy":"document_type","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/document_type?post=987642340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}