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The Black Economy in India / Arun Kumar

By: Material type: TextTextPublication details: New Delhi : Penguin Books , 2017.Edition: Revised editionDescription: 320 p. ; 136 x 215 mmISBN:
  • 9780143028673
Subject(s): DDC classification:
  • 23 330.954 KUM
Summary: This book analyzes the scale, causes, and macroeconomic consequences of the parallel or shadow economy in India. Written for the general reader by a leading public finance economist, the text outlines how the black economy grew significantly from 1991 to 2013 through a combination of legal and illegal activities, facilitated by a nexus of businesses, politicians, and bureaucrats. The revised edition specifically evaluates the impacts of the central government's November 2016 demonetization move and explains why structural reforms and public transparency are needed rather than simple currency-focused technical fixes.
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Item type Current library Call number Status Notes Barcode
VC Office Books SNU LIBRARY 330.954 KUM (Browse shelf(Opens below)) Not For Loan Books Received from VC office VC388
Total holds: 0

This book analyzes the scale, causes, and macroeconomic consequences of the parallel or shadow economy in India. Written for the general reader by a leading public finance economist, the text outlines how the black economy grew significantly from 1991 to 2013 through a combination of legal and illegal activities, facilitated by a nexus of businesses, politicians, and bureaucrats. The revised edition specifically evaluates the impacts of the central government's November 2016 demonetization move and explains why structural reforms and public transparency are needed rather than simple currency-focused technical fixes.

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