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Top Economists Around the World Assess India’s Currency Curbs

Posted on 30 November 2016

It has been more than three weeks since the government announced its decision to demonetise old Rs 500 and Rs 1,000 currency notes. There has been a wide-ranging debate on whether the government’s move will indeed succeed in curbing black money hoarding and tax evasion.
Analysts have argued on the short-term and long-term impact of the move. Citizens have stood in queues for hours outside bank branches and Automated Teller Machines (ATMs). Some have praised and supported the move while others have called it a grave inconvenience, especially for India’s middle classes………………………………………..Full Article: Source


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