Demonetisation : the economists speak

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Bibliographic Information

Demonetisation : the economists speak

editor, Uma Kapila

(Economic developments in India, v. 227)

Academic Foundation, 2017

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Description and Table of Contents

Description

Demonetisation has come to describe in India one economic decision that shook a billion people from the very moment it was announced by Prime Minister Narendra Modi on 8th November 2016; from the manifestation shrouded in secrecy, the rationale, the aftermath, the short and the long term economic impact, the social and political fall-out, and much more. Endless animated discussions in virtually every kind of group at any kind of place, unending serpentine queues at banks and ATMs, continuous news headlines for days and weeks, countless speeches, reactions and counter-arguments, a stalled parliament-India's recent demonetisation has indeed unfolded at an unprecedented scale. Amidst the din and cacophony, it makes a lot of sense to make available to the reader, a bunch of authentic writings by noted economists/scholars, and policymakers on how they view demonetisation. Sure to enlighten, this reader friendly book edited by Uma Kapila serves to offer just that.

Table of Contents

About the Editor/Contributors Acknowledgements Introduction, Uma Kapila 1. Demonetisation Demythified, Bibek Debroy 2. Making of a Mammoth Tragedy, Manmohan Singh 3. Demonetisation: Pains or Gains? Nitin Desai 4. Monetary Economics View of the Demonetisation, Ajay Shah 5. The Demonetisation Decision: Event, Impact, Narrative and Meaning, Suyash Rai 6. Will Demonetisation Lead to a Protracted Economic Slowdown, Radhika Pandey, Rajeswari Sengupta 7. Demonetisation and Indian Agriculture, C.S.C. Sekhar 8. On What Horizons will the Demonetisation Shock Play Out? Ajay Shah 9. Demonetisation: An (un)Necessary Evil? Parthasarathi Shome 10. A Big, Destructive Bang, Mihir S. Sharma 11. A Bad Time for a Crisis, Ajay Shah 12. Crossing the Chasm, Ila Patnaik 13. Three Shades of Black, T.C.A. Srinivasa-Raghavan 14. Black to White: Will it Stop Corruption? S.L. Rao 15. For Demonetisation to Work, Modi must Root Out Political and Bureaucratic Corruption, Rajiv Kumar 16. Towards Swaccha Chunav, Nitin Desai 17. Demonetisation: The Gains vis-a-vis the Pains, M. Govinda Rao 18. Demonetisation: Then, Now and Next Year, Yoginder K. Alagh 19. Cashless/Digital: How Modi Changed (and Changed) Demonetisation Narrative, Praveen Chakravarty 20. Legal Questions about Demonetisation: What Happens to the Assets that Back Extinguished Rupee Notes, Radhika Pandey, Bhargavi Zaveri

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