Indian Government's Black Money Accusations
Background The idea that vast amounts of India’s wealth lie in secretive bank accounts in Switzerland and elsewhere, and that if successfully repatriated and distributed through a hitherto undecided mechanism, it can solve nearly all of India’s problems with significant change left over, is one of the enduring notions of recent …
Illicit Cash Flows: Not All Money is Green
Recent evidence points to one issue responsible for India’s poverty. This one problem seems to be at the heart of all corruption; it has been the driving force behind unemployment and inequality in India for the past five decades. Officially cited as illegal funds in foreign tax havens, the issue …
