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Review of Foreign Trade Data in LDC: The Role of Policy Instruments - Couverture souple

Biswas, Amit K.

 
9783639244885: Review of Foreign Trade Data in LDC: The Role of Policy Instruments
Couverture souple
ISBN 10 : 3639244885 ISBN 13 : 9783639244885
Editeur : VDM Verlag Dr. Müller, 2010

Synopsis

This book thoroughly investigates the accuracy of foreign trade data reported, especially in the less developed countries which are, more often than not, hamstrung by Balance of Payment problems caused by heavy dependence on imported items and weak foreign exchange reserves. Usually the policy-makers in LDCs practice protective foreign exchange and trade policies to take care of the economy at the external front. Obvious outcomes of those are highly restrictive tariff barrier, subsidy to promote export, regulated exchange rate and controls on free movement of capital across globe. We show that these restrictive trade policies provide incentives to traders not to report truthfully and to fabricate officially reported trade values. We have analyzed the officially reported Indian bilateral trade data and found enough support in justifying our hypothesis that restrictive trade policies does more harm than good by encouraging corrupt practices in trade front. We have also shown that illegal capital inflows and outflows can also take place because of mis-invoicing of trade statistics. We also analyze the effects of globalization and other policies on the size of informal sector .

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

This book thoroughly investigates the accuracy of foreign trade data reported, especially in the less developed countries which are, more often than not, hamstrung by Balance of Payment problems caused by heavy dependence on imported items and weak foreign exchange reserves. Usually the policy-makers in LDCs practice protective foreign exchange and trade policies to take care of the economy at the external front. Obvious outcomes of those are highly restrictive tariff barrier, subsidy to promote export, regulated exchange rate and controls on free movement of capital across globe. We show that these restrictive trade policies provide incentives to traders not to report truthfully and to fabricate officially reported trade values. We have analyzed the officially reported Indian bilateral trade data and found enough support in justifying our hypothesis that restrictive trade policies does more harm than good by encouraging corrupt practices in trade front. We have also shown that illegal capital inflows and outflows can also take place because of mis-invoicing of trade statistics. We also analyze the effects of globalization and other policies on the size of informal sector .

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
VDM Verlag Dr. Müller
Date d'édition
2010
Langue
anglais
ISBN 10 
3639244885
ISBN 13 
9783639244885
Reliure
Broché
Nombre de pages
132
Coordonnées du fabricant
non disponible
Personne responsable
non disponible