Black Economy in India

Autori

• S. Arun-Kumar

Parametri

• 320 pagine
• 12 ore di lettura

• Economia
• Economia e affari
• Indie

Maggiori informazioni sul libro

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.

Lingua: Inglese

Pubblicato: 2017

(In brossura)