There are many other, context-specific issues to consider in this whole debate. Some of them are well discussed in this paper, with reference to India.http://web.iitd.ac.in/~reetika/WP325cash.pdf
Jean Dreze
Honorary Professor at the Delhi School of Economics, and Visiting Professor at the Department of Economics, Allahabad University.
Jean Dreze
Honorary Professor at the Delhi School of Economics, and Visiting Professor at the Department of Economics, Allahabad University.