Demonetization and the Black Economy - Arun Kumar - Books - Penguin Random House India - 9780670090075 - December 15, 2017
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Demonetization and the Black Economy

Arun Kumar

Demonetization and the Black Economy

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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