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Jun 2018
23m 38s

When India Killed Off Cash Overnight

Harvard Business Review
About this episode
Bhaskar Chakravorti, the dean of global business at The Fletcher School at Tufts University, analyzes the economic impact of India’s unprecedented demonetization move in 2016. With no advance warning, India pulled the two largest banknotes from circulation, notes that accounted for 86% of cash transactions in a country where most payments happen in cash. Cha ... Show More
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