Linkfest on Demonetisation

On 8th November, PM Modi announced demonetisation of Rs 500 and Rs 1000. Here is a selection of articles by various economists and commentators on this big decision.

1. Demonetization – Witless and Anti People by Prabhat Patnaik in Citizen

2. Surgical strike on old Rs 500, Rs 1000 notes by Ajay Shah in his blog

3. NDA Demonetises Rs 500 And Rs 1,000: Modi’s Surgical Strike Against Black Money Stuns All by R .Jagannathan in Swarajya

4. Here’s What Raghuram Rajan Thinks Of Currency Demonetisation in Huffington Post

5. Introduction Of Rs. 2,000 Notes A Puzzle: P. Chidambaram in NDTV

6. Note demonetisation: 86% of Indian currency has been frozen overnight by Anupam Gupta in Scroll

7. India’s ill-timed paper chase by Andy Mukherjee in Bloomberg
8. Modi move a huge blow to purchasing power, may backfire on PM : Swaminathan Aiyar in ET
9. How long India will get all its cash back – Sahil Kini in LinkedIn
10. Demonetisation : we are paying the price for loving cash too much – R.Jagannathan in Swarajya
11. Theatrics on Black Money : EPW
12. No proof required : Big Bang or Big Thud : Surjit Bhalla in Indian Express
13. Wealth transfer from rich to poor : Bibek Debroy in NDTV
14. You have been warned : Pratap Bhanu Mehta in Indian Express
15. Demonetization is a hollow move : Pronab Sen in Mint
16. Even as world changes under Trump, India’s currency shortage will stay for months : Saumitra Chaudhuri in Economic Times
17. Wiping India’s blackened face : Gautam Pingle in New Indian Express
18. Committing suicide also radical, says Arun Shourie on notes ban in NDTV
19. Demonetisation to drag down FY18 Growth to 5.8 % : Ambit Capital in Mint
20. Demonetisation is a game changer : Deepak Parekh in Quint
21. Most sweeping change in currency policy in the world – Larry Summers and Natasha Sarin in his blog
22. India’s currency exchange and the curse of cash – Kenneth Rogoff in his blog
23. Demonetization in a booming economy is like shooting at the tyres of a racing car – Jean Dreze in Economic Times

24. Former RBI Governor Y.V. Reddy on Black Money, Tax Evasion and Lawlessness in India – YV Reddy in The Wire

25. Six battlefronts for the war on corruption– Vijay Kelkar and Ajay Shah in Mint

26. The cashless economy of Chikalthana – P.Sainath in PARI

27. Purging the poor – Mukul Kesavan in The Telegraph

28. The chattering classes just don’t get this surgical strike – Swapan Dasgupta in TOI

29. 10 Pieces That Dissect Threadbare Demonetisation And Its Aftermath – Huffingtonpost
30. Demonetisation: The good, the bad and the ugly – Montek S.Ahluwalia in Mint

31. Revenge No Development Strategy: Populist nationalism cannot paper over economic chaos unleashed by demonetisation drive – Ruchir Sharma in ToI

32. Subir Gokarn hails monetisation, needs to be done frequently – Economic Times
33. S.Gurumurthy explains why demonetisation was needed and how it will help the India growth story – Swarajyamag

For following all the news and views as it is happening on demonetization, you can also follow the Liveblog in Medianama.

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