India demonetized some of its currency to fight corruption, but the country's poorest are hurting the most

via Global Risk Insights India’s decision to remove its largest denomination banknotes from circulation came as a major surprise to both Indians and international observers. Byremovingits 500 and 1,000 rupee notes, India has removed 87% of the total bills in circulation, leaving New Delhi with some 23 billion worthless notes to dispose of. While the move was aimed at fighting corruption, black money, and other domestic problems, it has created a host of new problems for India’s neighbours, p...