The conversation between human and AI assistant.
Will the recent demonetisation results in higher GDP? If so how much?
Those do sound like potential benefits. But what about the short-term dip in GDP that you mentioned earlier?
In the short-term, demonetisation could lead to reduced economic activity as people adjust to the new system, especially in the informal sector. However, some experts believe that the negative effects may be offset by increased tax revenues as more people become part of the formal economy.