Demonetisation and monetary policy (Livemint)

Although the underlying motive may be non-economic, from the economic perspective, the recent demonetisation in India can be viewed as part of ongoing experimentation with monetary policy around the world. An eminently powerful and successful policy tool, it has become the victim of its own success—with attempts to expand its scope, objectives and toolkit to…

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Updated: January 12, 2017 — 5:55 AM