History of Demonetisation - Case Studies
Chronicle of Neville Wadia Institute of Management Studies and Research, Forthcoming
13 Pages Posted: 5 Jul 2017
Date Written: December 25, 2016
The demonetization move by the Indian Prime Minister has caught the whole world’s eye. Several logical views have been offered, both, for the move and against the move. In this paper, researcher has used the case study approach to find an answer. Economies of three countries, where demonetization actually took place have been examined, and the impact therein has been studied. The study finds that demonetization exersice has been a failure in major parts of the world. The researcher has tried to analyse a few reasons behind these failures and offered a few suggestions for demonetization to be successful and to attack black economy.
Keywords: Demonetisation, GDP, Inflation, IIP
JEL Classification: O23, O38, O40, O47, O11
Suggested Citation: Suggested Citation