
KWADWO BOATENG
I hold a Ph.D. in Management (finance option) and now working with the Management Development and Productivity Institute (MDPI) as a principal consultant. Our core mandates are:
1. Management Consultancy and Business Advisory Services to public and private institutions
2. Business and Management Research
3. Management Training and Development
4. Productivity studies and performance improvement Techniques
Phone: +233200565626
Address: GC-495-1044, Nii Okaiman main Street, Tabora Number 4, Accra
1. Management Consultancy and Business Advisory Services to public and private institutions
2. Business and Management Research
3. Management Training and Development
4. Productivity studies and performance improvement Techniques
Phone: +233200565626
Address: GC-495-1044, Nii Okaiman main Street, Tabora Number 4, Accra
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Papers by KWADWO BOATENG
From the analysis, it emerged that GDP growth rate has been hampered by demonetization. CPI- Inflation was positively impacted as the rate has dropped post demonetization. The Exchange rate of Rupee to USD and the Japanese Yen has not been significantly affected but it has depreciated against the Pound and the Euro post demonization. Foreign Exchange Reserve which creates investor confidence in an economy was not impacted negatively post demonetization as it keeps on increasing year after year prior to and post demonetization. The stock market maintained its investor confidence and kept on appreciating whiles more taxpayers enrolled in to the tax net with about 10.1 million new entrants post demonetization. After demonetization more Indian citizens have signed up onto the digital platforms to conduct their daily banking transactions which is a fulfilment of one of the primary objectives of demonetization- promoting cashless economy. Post demonetization saw a boost in deposit, fresh account openings, and issuance of Rupay debit cards to PMJDY scheme accounts holders across the banking divide. Due to coming into terms with the cashless economy ideology of the government, many people have activated their savings culture which has led to reduced bank borrowings from the central bank (RBI). As a result of the cheap funds from deposit mobilization, banks have since increased their credit portfolios especially in non-food credit.