Demonetisation and the Delusion of GDP Growth
Whilst demonetisation (combined with other measures aimed at crunching the size of the black economy) will yield benefits in the long term, we highlight the fact that the move undeniably affected the gross domestic product growth rate adversely in the short term. Moreover, increased tax compliance a...
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| Veröffentlicht in: | Economic and political weekly 2017-05, Vol.52 (18), p.17-20 |
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| container_title | Economic and political weekly |
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| creator | MANKAR, RITIKA SHEKHAR, SUMIT |
| description | Whilst demonetisation (combined with other measures aimed at crunching the size of the black economy) will yield benefits in the long term, we highlight the fact that the move undeniably affected the gross domestic product growth rate adversely in the short term. Moreover, increased tax compliance and the advent of the Goods and Services Tax regime could make a host of informal sector businesses unviable in the future. |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0012-9976 |
| ispartof | Economic and political weekly, 2017-05, Vol.52 (18), p.17-20 |
| issn | 0012-9976 2349-8846 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_2153694292 |
| source | JSTOR Archive Collection A-Z Listing |
| subjects | COMMENTARY Compliance Costs GDP Goods and services tax Gross Domestic Product Growth rate Informal economy Labor force Small & medium sized enterprises-SME Tax increases Taxpayer compliance Wages & salaries Workers |
| title | Demonetisation and the Delusion of GDP Growth |
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