Demonetization: Impact on the Economy

Mr. Somesh Kumar; Mr. Maukul Kumar; Mr. CHETAN KUMAR; Er. Trimurti Narayan Pandey; Er. Amit Choudhary

Demonetization: Impact on the Economy

April 2017

Vol-3, Issue-2

Paper ID: 4731

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Economy

Keywords

economy black money Finance Demonetization.

Abstract

The argument posited in favor of demonetization is that the cash that would be extinguished would be “black money” and hence, should be rightfully extinguished to set right the perverse incentive structure in the economy. While the facts are not available to anybody, it would be foolhardy to argue that this is the only possibility. Therefore, it is imperative to evaluate the short run and medium-term impacts that such a shock is expected to have on the economy. Further, the impact of such a move would vary depending on the extent to which the government decides to demonetize. This paper elucidates the impact of such a move on the availability of credit, spending, level of activity and government finances.

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Author Information

#	Name	Institute / Affiliation
1	Mr. Somesh Kumar	BHAGWANT UNIVERSITY AJMER
2	Mr. Maukul Kumar	BHAGWANT UNIVERSITY AJMER
3	Mr. CHETAN KUMAR	BHAGWANT UNIVERSITY AJMER
4	Er. Trimurti Narayan Pandey	BHAGWANT UNIVERSITY AJMER
5	Er. Amit Choudhary	BHAGWANT UNIVERSITY AJMER

How to Cite

Use the following formats to cite this article in your research.

APA Style

Kumar, Mr. Somesh, Kumar, Mr. Maukul, KUMAR, Mr. CHETAN, Pandey, Er. Trimurti Narayan, & Choudhary, Er. Amit (2017). Demonetization: Impact on the Economy. International Journal of Advance Research and Innovative Ideas In Education, 3(2), 3992-3996.

MLA Style

Kumar, Mr. Somesh, et al. "Demonetization: Impact on the Economy." International Journal of Advance Research and Innovative Ideas In Education, vol. 3, no. 2, 2017, pp. 3992-3996.

IEEE Style

Mr. Somesh Kumar, Mr. Maukul Kumar, Mr. CHETAN KUMAR, Er. Trimurti Narayan Pandey, and Er. Amit Choudhary, "Demonetization: Impact on the Economy," International Journal of Advance Research and Innovative Ideas In Education, vol. 3, no. 2, pp. 3992-3996, 2017.

Vancouver Style

Kumar Mr. Somesh, Kumar Mr. Maukul, KUMAR Mr. CHETAN, Pandey Er. Trimurti Narayan, Choudhary Er. Amit. Demonetization: Impact on the Economy. International Journal of Advance Research and Innovative Ideas In Education. 2017;3(2):3992-3996.

Harvard Style

Kumar, Mr. Somesh, Kumar, Mr. Maukul, KUMAR, Mr. CHETAN, Pandey, Er. Trimurti Narayan, & Choudhary, Er. Amit (2017) 'Demonetization: Impact on the Economy', International Journal of Advance Research and Innovative Ideas In Education, 3(2), pp. 3992-3996.

Chicago Style

Kumar, Mr. Somesh, et al. "Demonetization: Impact on the Economy." International Journal of Advance Research and Innovative Ideas In Education 3, no. 2 (2017): 3992-3996.

Turabian Style

Kumar, Mr. Somesh, et al. "Demonetization: Impact on the Economy." International Journal of Advance Research and Innovative Ideas In Education 3, no. 2 (2017): 3992-3996.