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The book explores the deep intertwining of India's white and black economies, highlighting a dramatic rise in the black economy from 35% in 1991 to 62% in 2013. It examines the roles of both legal and illegal activities, including corruption, in this growth. Despite the government's demonetization of high-denomination currency in November 2016, which aimed to combat black money, the text questions the effectiveness of this measure, revealing that cash constitutes only a small fraction of the overall black economy.
Buchkauf
Black Economy in India, S. Arun-Kumar
- Sprache
- Erscheinungsdatum
- 2017
- product-detail.submit-box.info.binding
- (Paperback)
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- Titel
- Black Economy in India
- Sprache
- Englisch
- Autor*innen
- S. Arun-Kumar
- Erscheinungsdatum
- 2017
- Einband
- Paperback
- Seitenzahl
- 320
- ISBN13
- 9780143028673
- Kategorie
- Wirtschaft
- Beschreibung
- The book explores the deep intertwining of India's white and black economies, highlighting a dramatic rise in the black economy from 35% in 1991 to 62% in 2013. It examines the roles of both legal and illegal activities, including corruption, in this growth. Despite the government's demonetization of high-denomination currency in November 2016, which aimed to combat black money, the text questions the effectiveness of this measure, revealing that cash constitutes only a small fraction of the overall black economy.