This important book provides an explanation of the goals, implications, initial effects and the political economy of the major demonetisation move by the Government of India. This book will interest students and researchers in the fields of economics, finance, management, law, politics and governance. "It is noteworthy for lucidly cutting through the ballyhoo around demonetisation, its intended and actual impact, and flagging the larger risks that this reform experiment-'where many who have suffered damage still see their experience as necessary pain to be endured for long term gains to the nation'-throws up for India's democracy." Vikas Dhoot, The Hindu