Tag Search: “fiscal policy”
Will demonetisation lead to a protracted economic slowdown?
In this article, Pandey and Sengupta argue that the impact of the contractionary demand shock triggered by the note ban will gradually radiate from cash-intensive activities to virtually every sector ...
- Radhika Pandey Rajeswari Sengupta
- 15 December, 2016
- Perspectives
The demonetisation boondoggle
In this article, Amartya Lahiri, Professor of Economics at the University of British Columbia, argues that all public policy must rely on a clear-headed cost-benefit analysis and the recent demonetisa...
- Amartya Lahiri
- 04 December, 2016
- Perspectives
why demonetisation?
In this article, Sarmistha Pal, Chair in Financial Economics at the University of Surrey, examines whether the current government’s stance in tackling black money has significantly differed from its p...
- Sarmistha Pal
- 01 December, 2016
- Perspectives
Consequences of the demonetisation shock
In this article, Sudipto Mundle, Emeritus Professor at NIPFP, contends that we are likely to see a significant dip in economic activity till January 2017 or even till the end of the current financial...
- Sudipto Mundle
- 29 November, 2016
- Perspectives
Notes ban: Modinomics vs. Moditics
Maitreesh Ghatak, Professor of Economics at the London School of Economics, contends that while the ban on high-denomination currency notes is bad economics, it is a brilliant political move.
- Maitreesh Ghatak
- 23 November, 2016
- Perspectives
A monetary economics view of the demonetisation
The demonetised Rs. 1,000 and 500 notes were 86% of the total volume of cash in India. In this article, Ajay Shah, Professor at NIPFP, argues that if a significant scale of firm failure were to come a...
- Ajay Shah
- 21 November, 2016
- Perspectives
Going cashless but thinking cash?
In this article, Bappaditya Mukhopadhyay, Professor of Economics and Finance at the Great Lakes Institute of Management, contends that switching from a predominantly cash-based to cashless economy nee...
- Bappaditya Mukhopadhyay
- 20 November, 2016
- Perspectives
Picking up the pieces
In an earlier article , Pronab Sen, Country Director, IGC India Central, examined some of the economic consequences of the recent demonetisation of Rs. 1,000 and 500 notes in India, and concluded that...
- Pronab Sen
- 18 November, 2016
- Perspectives
Policymaking in the ‘grey zone’
Prerna Mukharya, Founder of Outline India – a social enterprise that focuses on data collection, impact assessments and evaluation studies, predominantly working with rural populations in remote areas...
- Prerna Mukharya
- 17 November, 2016
- Notes from the Field
A macro view of India’s currency ban
The recent ban on high-value currency notes has taken the country by storm. While much is being written about the pros and cons of this announcement in terms of the effect on black money, logistical c...
- Rajeswari Sengupta
- 15 November, 2016
- Perspectives
Shock and oh damn
In this article, Pronab Sen, Country Director for the India Central Programme of the International Growth Centre, argues that India’s recent demonetisation has penalised virtually the entire informal ...
- Pronab Sen
- 14 November, 2016
- Perspectives
A closer look at demonetisation
In this article, Gurbachan Singh contends that black money and white money are simplistic concepts; there is a grey area as well. In his view, the economic effects of demonetisation in terms of real e...
- Gurbachan Singh
- 13 November, 2016
- Perspectives