One of the leading puzzles related to cross border flow of investment is the phenomenon of ‘Round Tripping’. Here, money from a country (eg. India) flows to a foreign country (Mauritius) and comes back as foreign direct investment to India. We were told that demonetization would combat the black economy
In the face of strong public opposition the International Monetary Fund (IMF) published a working paper offering governments suggestions on how to move toward a cashless society. In its recent report The Macroeconomics of De-Cashing, the IMF proposed to abolish cash and recommended to adopt measures in order to restrict
In the first part of this Global War On Cash Series we saw how Ronald Reagan’s economic strategies born of the Cold War to counter Soviet expansion and disrupt it’s economy paved the way for the Financial Crisis of 2008 creating a liquidity crisis of global proportions. As Western-European economies
इस लेख को हिंदी में पढ़ें – नकदी पर वैश्विक युद्ध: निशाने पर भारत – भाग १ The big bankers of the world, who practice the terrorism of money, are more powerful than kings and field marshals, even more than the Pope of Rome himself. They never dirty their hands. They
Five months ago GreatGameIndia published a story The Secret World Of Indian Currency Printers (हिन्दी में पढ़ें: विमुद्रीकरण: भारतीय मुद्रा छापनेवालों की रहस्यमयी दुनिया) providing an insight into the foreign firms printing currency notes for India. The story kicked off into a national controversy prompting the press conference by Dilip Pandey, former Kerala