Demonetization, Digital Identity and Universal Basic Income – How Big Ideas Are Changing India and What it Means for the World
According to The Economist, India's proposal to give every citizen a cash transfer using the digital platform Aadhar could reduce absolute poverty from 22 percent to 0.5 percent. For a country that is home to a third of the world's poor, could Universal Basic Income (UBI) fundamentally change the picture of poverty, health and well-being in India and the world?
At the same time, removing 86 percent of the cash circulating in a cash-heavy economy had a sudden, negative impact on India’s growth rate. Almost six months – and a major regional election – later what are the lasting effects of demonetization? Is a cashless society in the future?
The architect of India’s annual Economic Survey, Chief Economic Adviser Arvind Subramanian - a CGD senior fellow currently on leave – returns to the Center to discuss the big policy ideas making a dramatic mark on India’s economy, and what they could mean for the world.
|Consequences what happens when America's richest programmer bill gates reviews Ezra Vogel- Asia-America's kindest connector.|
.. Macraes' last 100 trips to Asia - they started with dad Norman Macrae teen serving in allied bomber command (today's Myanmar)-
The Economist became min diary of Norman Macrae's half century of asian trips from Myanmar 1943 on- we archive that at normanmacrae.net economistjapan.com; connection of my 50 trips with 5 generations of my family in Asia only made full sense from 2001 and mostly
15 trips to Bangladesh thanks to interviews with Fazle Abed & friends 1 2 3 and young chinese scholars at his 80th birthday filled most gaps EconomistPoor.com .. Asia trips 1 to 51 india -1-3 1984-2004; indonesia 4-7 (1982-1994) ; singapore 8-10 (1982-1992) japan (11-17) 1985-2013; thailand (18.19) 1984-1995 ; malaysia (20-21) ; 1993 korea (22-23); 1990-2017 bangladesh (24-39) 2007-2018;
dubai (40,41) 2015,6; qatar(42) 2017; china (43-50) 2016-2019 hong kong 51 (1996) like 7 members of my scotttish family tree i have enjoyed the huge privilege of learning more about advancing the human lot from the two thirds who are asian than my own race caucasian