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Why demonetize the Indian economy?
Journal of International Studies Pub Date : 2019-12-01 , DOI: 10.14254/2071-8330.2019/12-4/1
Augendra Bhukuth , Bernard Terrany

This paper is a conceptual analysis of demonetization. The main aim of this paper is to analyze the reason why a government would like to demonetize its economy. The main reasons for demonetizing an economy are to modernize the banking sector, to provide banks with liquidity, to reduce the importance of the informal financial sector, to give people the opportunity to hold bank accounts, which in turn gives people access to the credit market. This is part of the digitalization of the economy which is a part of the demonetization policy. The other aim of this policy is to fight against inflation and attract foreign direct investment. The make-in policy and demonetization policy are interrelated.

中文翻译:

为什么要使印度经济货币化?

本文是对非货币化的概念分析。本文的主要目的是分析政府希望将其经济货币化的原因。使经济货币贬值的主要原因是使银行业现代化,为银行提供流动性,降低非正规金融部门的重要性,使人们有机会开设银行账户,从而使人们有机会进入信贷市场。这是经济数字化的一部分,是数字化政策的一部分。该政策的另一个目的是与通货膨胀作斗争并吸引外国直接投资。代入策略和通行策略相互关联。
更新日期:2019-12-01
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