The Black Economy in India /

Kumar, Arun

The Black Economy in India / Arun Kumar - Revised edition - New Delhi : Penguin Books , 2017. - 320 p. ; 136 x 215 mm.

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.

9780143028673


Black market
Corruption
Informal sector
Tax evasion

330.954 KUM

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