The book is currently out of stock
More about the book
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.
Book purchase
Black Economy in India, S. Arun-Kumar
- Language
- Released
- 2017
- product-detail.submit-box.info.binding
- (Paperback)
We’ll notify you via email once we track it down.
Payment methods
- Title
- Black Economy in India
- Language
- English
- Authors
- S. Arun-Kumar
- Publisher
- Penguin Random House India Pvt. Ltd
- Released
- 2017
- Format
- Paperback
- Pages
- 320
- ISBN13
- 9780143028673
- Category
- Business and Economics
- Description
- 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.