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Demonetization move in India: a conceptual study
Journal of Money Laundering Control ( IF 1.3 ) Pub Date : 2020-04-10 , DOI: 10.1108/jmlc-12-2019-0100
Deepa Jain , K.S. Thakur , Manoj Kumar Dash

Purpose

The purpose of this paper is to explore the real causes of demonetization drive and the future path created by the drive.

Design/methodology/approach

The study started with a conceptual understanding of the demonetization drive in India and ended with a future impact analysis. For exploring the concept, the authors reviewed various articles, government and corporate reports as well as studies published in newspaper and available online.

Findings

The study revealed that demonetization is a success in terms of cashless path created to eradicate corruption but a failure in terms of disruption caused in the economy. Thus, appropriate measures could be taken by government to make this daunting step successful in the long run.

Research limitations/implications

The study is limited only to demonetization concept based on secondary data. Future work may be done keeping in view more empirical data to know the effectiveness of the demonetization drive along with other parameters.

Originality/value

To the best of researchers’ knowledge, no study tried to uncover the strong reasons behind the demonetization move. The study extends the literature by exploring the real causes and impacts of the demonetization drive through a conceptual lens.



中文翻译:

印度的非货币化举动:一项概念研究

目的

本文的目的是探究去驱动器的真正原因以及驱动器创建的未来路径。

设计/方法/方法

这项研究从概念上了解了印度的通行发展,并以对未来的影响进行了分析。为了探索这一概念,作者回顾了各种文章,政府和公司报告以及报纸上发表的研究和在线提供的研究。

发现

该研究表明,就消除腐败产生的无现金路径而言,货币化是成功的,但就经济造成的破坏而言,货币化是失败的。因此,从长远来看,政府可以采取适当措施使这一艰巨的步骤取得成功。

研究局限/意义

该研究仅限于基于辅助数据的通行概念。可以在保留更多经验数据的情况下完成将来的工作,以了解去驱化驱动器以及其他参数的有效性。

创意/价值

据研究人员所知,没有研究试图揭示取消货币化举动背后的强大原因。该研究通过概念的角度探讨了去货币化驱动的真正原因和影响,从而扩展了文献。

更新日期:2020-04-10
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