Research Topics
Publications on Currency devaluation
There are 2 publications for Currency devaluation.
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Effects of Forced Formalization (Demonetization) in the Indian Economy
Policy Note 2023/4 | August 2023Nischal Dhungel examines the impact of India’s demonetization experiment—an effort at “forced formalization” of the economy. He urges a more organic approach to formalization, pairing efforts to bring the unbanked population into the banking system with greater funding and accessibility for India’s signature employment guarantee program.Download:Associated Program:Author(s):Nischal Dhungel -
The Narrow Path for Brazil
Policy Note 2016/2 | April 2016Brazil is mired in a joint economic and political crisis, and the way out is unclear. In 2015 the country experienced a steep contraction of output alongside elevated inflation, all while the fallout from a series of corruption scandals left the policymaking apparatus paralyzed. Looking ahead, implementing a policy strategy that has any hope of addressing the Brazilian economy’s multilayered problems would make serious demands on a political system that is most likely unable to bear it.