Posts Tagged
black money
Why India’s Move Against Illicit Cash Went Wrong: Editorial
published Jan 11th 2017, 5:00 pm, by The Editors (Bloomberg View) —India’s controversial decision to ban 500- and 1,000-rupee notes has backfired. The idea was to root out “black money” — the profits of political corruption, tax evasion and ordinary crime. But efforts to get around the ban have been