Indian Government's Black Money Accusations
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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
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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 …