Economics of the Black Market
by
S. K. Ray
Book Details
Format
Hardback or Cased Book
ISBN-10
0367018632
ISBN-13
9780367018634
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 7th, 2019
Print length
216 Pages
Weight
560 grams
Product Classification:
Politics & government
Ksh 27,900.00
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The black market is a phenomenon that has become increasingly central to the lives of the people in many of the world''s economies. In this first serious study of the economics of the black market. Dr. Ray looks in-depth at profiteering, black money, fraud, smuggling, government corruption, and the overall structure of the black market. He explains the effects of the market on prices, inflation, and money supply. He closes with an economic-political strategy to fight what he sees as a growing menace. Though his study is based on the economy of India, the lessons it contains can be applied to many countries where a black-market economy exists.
The black market is a phenomenon that has become increasingly central to the lives of the people in many of the world''s economies. In this first serious study of the economics of the black market. Dr. Ray looks in-depth at profiteering, black money, fraud, smuggling, government corruption, and the overall structure of the black market. He explains the effects of the market on prices, inflation, and money supply. He closes with an economic-political strategy to fight what he sees as a growing menace. Though his study is based on the economy of India, the lessons it contains can be applied to many countries where a black-market economy exists.
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