英文标题：
《Demonetization and Its Impact on Employment in India》
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作者：
Pawan Kumar
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最新提交年份：
2017
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英文摘要：
On November 08, the sudden announcement to demonetization the high denomination currency notes sent tremors all across the country. Given the timing, and socioeconomic and political repercussions of the decision, many termed it a financial emergency. Given high proportion of these notes in circulation, over 86 percent, it led to most economic activities, particularly employment, affected in a big way. Political parties, however, seemed divided on the issue, i.e. those in favor of the decision feel it will help to curb the galloping size of black money, fake currency, cross boarder terrorism, etc. In sharp contrast, the others believe it is a purely misleading, decision, based on no or poor understanding of black economy, and hence is only politically motivated in wake of the assembly elections due in a couple of states.
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中文摘要：
11月8日，突然宣布取消高面额纸币的流通，在全国范围内引起了震动。考虑到这一决定的时机、社会经济和政治影响，许多人将其称为金融危机。鉴于这些票据在流通中的比例很高，超过86%，这导致大多数经济活动，尤其是就业受到很大影响。然而，各政党在这一问题上似乎存在分歧，即赞成这一决定的人认为这将有助于遏制黑钱、假币、跨境恐怖主义等泛滥的规模。与此形成鲜明对比的是，其他政党认为这纯粹是一个误导性的决定，基于对黑人经济的不了解或不了解，因此，只有在几个州即将举行议会选举之后，才有政治动机。
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分类信息：

一级分类：Quantitative Finance 数量金融学
二级分类：Economics 经济学
分类描述：q-fin.EC is an alias for econ.GN. Economics, including micro and macro economics, international economics, theory of the firm, labor economics, and other economic topics outside finance
q-fin.ec是econ.gn的别名。经济学，包括微观和宏观经济学、国际经济学、企业理论、劳动经济学和其他金融以外的经济专题
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