November 22, 2016banking systemcounter-terrorismfiscal policymonetary policyorganised crimePublic Policyreserve bank of India

What did the currency reform intend to do?

Countering terrorism, counterfeit currency, unaccounted wealth, unaccounted income…?

This is an archived blog post from The Acorn.

Anupam Manur and I have a brief analysis of what the currency reform (popularly, and inaccurately, known as demonetisation) might have been intended to do, in the eight following slides.

India’s Currency Reform 2016 from The Takshashila Institution Click on the slide to enlarge.

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