After the decision of withdrawal of Rs. 500 and Rs. 1000 notes from the economy by the Indian government it was noticed that the decision has impacted the general mass heavily and in various ways. There are various factors which were impacted during and after demonetisation. It became very...

This paper analyses the issue of the dynamics of the TARGET2 system balances during the sovereign debt crisis, when some countries registered a decisive inflow of the central bank liquidity and others showed an outflow. The dynamics in the TARGET2 are here explained as being due to a fall in the...