LSE South Asia blog:
Demonetisation is not the way to tackle corruption
30 November 2016
Drawing on India’s previous experiences of demonetisation and contemporary data, Swati Dhingra and Amartya Menon argue the benefits seem few and far between. They write that if the government is serious about tackling corruption, it should prioritise taxing the super-rich and changing the tax system to minimise arbitrary action by corrupt tax officials.