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Demonetization and the Black Economy
Arun Kumar
Demonetization and the Black Economy
Arun Kumar
In 2016, India demonetized Rs 500 and Rs 1000 notes to combat corruption and black money. The move caused chaos, with businesses suffering, people losing jobs, and little impact on the black economy. Despite depositing 99% of old notes, the effects linger, damaging trust in institutions and widening social divides.
344 pages
Media | Books Hardcover Book (Book with hard spine and cover) |
Released | December 15, 2017 |
ISBN13 | 9780670090075 |
Publishers | Penguin Random House India |
Pages | 344 |
Dimensions | 130 × 200 × 20 mm · 435 g (Weight (estimated)) |
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