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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.
Nákup knihy
Black Economy in India, S. Arun-Kumar
- Jazyk
- Rok vydania
- 2017
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- Titul
- Black Economy in India
- Jazyk
- anglicky
- Autori
- S. Arun-Kumar
- Vydavateľ
- Penguin Random House India Pvt. Ltd
- Rok vydania
- 2017
- Väzba
- mäkká
- Počet strán
- 320
- ISBN13
- 9780143028673
- Kategórie
- Podnikanie a ekonómia
- Anotácia
- 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.