Demonetisation in India: Policy Assessment and Economic Implications by Ramgopal Agarwala (Paperback)

Description

On 8 November 2016, India was caught unaware and shaken to its very roots! Majority of the currency in circulation had been stripped of its value. People were grappling with an entirely unfamiliar situation—“demonetisation.” The move unleashed a huge debate—the likes of which had never been seen—on television, in newspapers and on social media. Demonetisation was met with extreme reactions and its results were multifaceted. Several months later, we are still questioning: Is it a disastrous blunder or a leap forward? To answer these questions, a renowned economist takes an incisive look at the events that led to demonetisation, the aftermath and the implications. He sifts through many irrelevant rants, a lot of politically motivated mud-slinging and asks the most important question: What now, what next?

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