Will India's Currency Exchange Work as Hoped?

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James A. Baker III Institute for Public Policy
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This brief gauges the impact of India's drastic, surprise move to eliminate "black money" by requiring holders to redeem certain rupee notes by the end of the year. If not exchanged, such notes will become illegal tender.
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Green, Russell A.. "Will India's Currency Exchange Work as Hoped?." Issue Brief, no. 11.16.16 (2016) James A. Baker III Institute for Public Policy: http://www.bakerinstitute.org/research/will-indias-currency-exchange-work-hoped/.

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