Usually developing countries are characterised by capital scarcity and hence resort to stringent trade and capital control policies. This might become counterproductive and provide incentives to the international traders and investors for corrupt practices and as a result, scarce capital might...

The United States has been India’s most dominant trade partner for quite some time now. Given trade data are of mirror type and can be easily crosschecked, a rule based routine check finds a huge discrepancy both in export and import values between bilateral trade statistics of these two...