Upcoming on Framing References, we discuss the 2016 episode of India’s Demonetization exercise.

We discuss features of the exercise that are not usually covered by vox populi. For example, do you know how the Reserve Bank of India makes decisions? What’s the composition of the board, and what was different about the 2016 exercise, as compared to earlier attempts?

Why did the Modi government decide to undergo such a radical step, and what was its fallout? Why are economic transactions so reliant on cash?

For answers to these questions and more stay tuned for our episode on India’s Demonetization, and its impact on domestic demand.

@mostlyeconomics

@maximegalon5