This paper analyses potential sectoral effects of Australia and India signing a free trade agreement. We construct a static applied general equilibrium model, and using a social accounting matrix, we calibrate it to match the Australian data sector by sector. We then perform a numerical...

In this paper, we study the theory of disgorgement and its application by the Securities and Exchange Board of India (SEBI), the Indian securities regulator. We find that the SEBI justification for the use of disgorgement is grounded on the basis of the ‘equitable’ and ‘remedial’ power...