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

Abstract

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

Patil, Ameya, History of Demonetisation - Case Studies (December 25, 2016). Chronicle of Neville Wadia Institute of Management Studies and Research, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2996104

Ameya Patil (Contact Author)

Independent ( email )

PUNE
India

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