One Year After India Killed Off Cash, Here’s What Other Countries Should Learn from It
Harvard Business Review
NOVEMBER 2, 2017
Indeed, India subsequently suffered a dramatic drop in its GDP growth rate, which fell to 6.1% It most recent GDP growth figure has fallen to 5.7%, and part of that, too, can be attributed to the policy move from last November. A fact-based cost-benefit analysis is essential.
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