Present study seeks to determine the quantitative measurement of unrecorded transaction through misreporting of trade. We want to find out the determinants of informal transaction and the relationship between hidden capital outflow and inflow. Another attention is to identify the hidden capital...

Prolonged worldwide economic depression forces some economists and policy makers to demand for a tougher regulation to protect their domestic economy. If implemented, this may lead to a high tariff and non-tariff regime that ruled the pre-globalised world economy. This paper examines the...