This is one of the first in-depth analyses on the 2016 demonetization in India and has been written by the top-rung academic economists of the country. It will be of immense interest to the South Asia departments in the UK and the US
India is one of the fastest growing markets for Europe and the US, and this will be a key guide to understanding the systemic changes in the economy
It will attract the attention of economists, policy makers, business people and others interested in the growing economy of India because of the unusual nature of the experiment
It will also appeal to educated general public, students and researchers, civil society activists and policy makers including legislators.
Jayati Ghosh is Professor of Economics, University of Massachusetts at Amherst, USA. She was previously Professor of Economics at Jawaharlal Nehru University, New Delhi, India. She has taught and researched for over three decades in areas of development economics, international economics, gender and macroeconomics. She has won several national and international awards for her research and advised governments at different levels, international organisations and social activist groups on economic policy.
It is a good resource to get an overview of the Demonetisation episode. Unfortunately, most of the references are newspaper articles. I felt the only "mathematical model" included in the book was poor and also unnecessary.