A zero contribution (from The Economist print edition)

Monday, January 18th, 2010 | Articles | 1 Comment

5th Pillar's zero-rupee banknote<br />{click on the image to zoom in}

5th Pillar's zero-rupee banknote {click on the image to zoom in}

An unconventional way to combat petty corruption

A zero-sum game is one in which the gains of one player are exactly balanced by the losses of another. In India a local non-governmental organisation has invented a new sort of zero sum which, it hopes, will leave everyone better off: the zero-rupee note.

What on earth is the point of that? The note is not legal tender. It is simply a piece of paper the colour of a 50-rupee note with a picture of Gandhi on it and a value of nothing. Its aim is to shame corrupt officials into not demanding bribes.

› Continue reading

Tags: ,

Search