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  • 标题:Why demonetize the Indian economy?
  • 本地全文:下载
  • 作者:Augendra Bhukuth ; Bernard Terrany
  • 期刊名称:Journal of International Studies
  • 印刷版ISSN:2071-8330
  • 电子版ISSN:2306-3483
  • 出版年度:2019
  • 卷号:12
  • 期号:3
  • 页码:9-19
  • DOI:10.14254/2071-8330.2019/12-4/1
  • 语种:English
  • 出版社:Centre of Sociological Research, Szczecin, Poland
  • 摘要:This paper is a conceptual analysis of demonetization. The main aim of this paper is to analyze the reason why a government would like to demonetize its economy. The main reasons for demonetizing an economy are to modernize the banking sector,to provide banks with liquidity,to reduce the importance of the informal financial sector,to give people the opportunity to hold bank accounts,which in turn gives people access to the credit market. This is part of the digitalization of the economy which is a part of the demonetization policy. The other aim of this policy is to fight against inflation and attract foreign direct investment. The make-in policy and demonetization policy are interrelated.
  • 关键词:demonetization;inflation;FDI;make in policy;banking sector;India.
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