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Author: Jagdish N. Bhagwati Publisher: Elsevier ISBN: 1483274802 Category : Business & Economics Languages : en Pages : 221
Book Description
Studies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of international economic analysis. The selection first elaborates on a theoretical analysis of smuggling, an alternative proof of the Bhagwati-Hansen results on smuggling and welfare, and smuggling and trade policy. Discussions focus on optimal tariff and revenue questions, legal trade eliminated by smuggling, legal trade co-existing with smuggling, overinvoicing and underinvoicing of transactions, and smuggling and welfare. The text then examines overinvoicing, underutilization, and distorted industrial growth, fiscal policies, faking of foreign trade declarations, and the balance of payments, and accuracy of economic observations. Topics include statistics of foreign commodity trade, trade tariffs and subsidies, effect on capital complexity, industrial employment and output growth, implications for industrial development, effective exchange rate for capital imports, and foreign-exchange profits of overinvoicing. The manuscript ponders on tariffs and smuggling in Indonesia and the problems of assessing unrecorded trade, including complications in comparing partners' trade accounts, measuring recorded values of all products, market impact of smuggling, and methods for detecting smuggling. The selection is a valuable source of data for researchers interested in international trade.
Author: Jagdish N. Bhagwati Publisher: Elsevier ISBN: 1483274802 Category : Business & Economics Languages : en Pages : 221
Book Description
Studies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of international economic analysis. The selection first elaborates on a theoretical analysis of smuggling, an alternative proof of the Bhagwati-Hansen results on smuggling and welfare, and smuggling and trade policy. Discussions focus on optimal tariff and revenue questions, legal trade eliminated by smuggling, legal trade co-existing with smuggling, overinvoicing and underinvoicing of transactions, and smuggling and welfare. The text then examines overinvoicing, underutilization, and distorted industrial growth, fiscal policies, faking of foreign trade declarations, and the balance of payments, and accuracy of economic observations. Topics include statistics of foreign commodity trade, trade tariffs and subsidies, effect on capital complexity, industrial employment and output growth, implications for industrial development, effective exchange rate for capital imports, and foreign-exchange profits of overinvoicing. The manuscript ponders on tariffs and smuggling in Indonesia and the problems of assessing unrecorded trade, including complications in comparing partners' trade accounts, measuring recorded values of all products, market impact of smuggling, and methods for detecting smuggling. The selection is a valuable source of data for researchers interested in international trade.
Author: Scott William Fausti Publisher: ISBN: Category : Smuggling Languages : en Pages : 204
Book Description
This thesis analyzes the effect of uncertainty on illegal transactions. The major results of the existing literature are reexamined with regards to trade tax revenues and the social welfare effects of smuggling. New insight is gained on the theoretical implications of smuggling by analyzing how the behavior of smuggling firms is affected by the uncertainty associated with illegal trade. Firm behavior with a risk attached to illegal trade has an impact on how government enforcement affects trade tax revenues and social welfare. This thesis is in three essays. In the first essay agents have a choice of either being involved in legal trade or illegal trade. Illegal trade has a risk attached to it, with the magnitude of risk being dependent on the level of government enforcement. The risk factor allows, as a general result, the coexistence of legal and illegal trade with price disparity. The essay's main focus is on the welfare effect of smuggling, and it concludes that contrary to earlier research on illegal trade, the presence of illegal trade, even with a real resource cost associated with it, is beneficial to social welfare. This result is dependent on the attitude of exporting firms towards the risk associated with smuggling. In the second essay, the government is modeled as a profit maximizing agent. We demonstrate that over-enforcement of the trade tax laws is detrimental to revenue collection and not a socially optimal policy solution to smuggling. The third essay is a theoretical discussion of how to empirically test and compare the economic impact of smuggling on Indonesian domestic wholesale prices before and after the Indonesian trade liberalization efforts of 1985-86. The theoretical results from the first two essays suggest that trade liberalization should reduce the economic impact of smuggling by reducing the incentive to smuggle.
Author: Donald E. DeKieffer Publisher: Oxford University Press, USA ISBN: 0195394887 Category : Business & Economics Languages : en Pages : 319
Book Description
Underground Economies and Illegal Imports: Business and Legal Strategies to Address Illegal Commerce is a unique resource for lawyers and their clients facing the chaotic landscape of illegal trade in the black and gray markets, where legal remedies are often unobtainable or impracticable. Donald E. deKieffer-a practitioner who has represented more than 60 Fortune 500 companies both in the US and abroad-provides clear descriptions of how international supply and distribution chains are attacked by clever and not-so-subtle thieves around the world. This book is also a helpful source of examples and instructions on how to prepare for these attacks, and the best remedies when they do occur. Underground Economies and Illegal Imports: Business and Legal Strategies to Address Illegal Commerce is a one-of-a-kind guide to the underside of international trade for businesses, law enforcement and policy-makers. The illicit dealers in legitimate (or not-so-legitimate) merchandise are often linked with transnational criminal elements and even terrorists. This book assists international traders in avoiding these problems, or ameliorating any effects.
Author: Cláudia Costa Storti Publisher: MIT Press ISBN: 0262016559 Category : Business & Economics Languages : en Pages : 277
Book Description
Economists explore the relationship between expanding international trade and the parallel growth in illicit trade, including illegal drugs, smuggling, and organized crime. As international trade has expanded dramatically in the postwar period--an expansion accelerated by the opening of China, Russia, India, and Eastern Europe--illicit international trade has grown in tandem with it. This volume uses the economist's toolkit to examine the economic, political, and social problems resulting from such illicit activities as illegal drug trade, smuggling, and organized crime. The contributors consider several aspects of the illegal drug market, including the sometimes puzzling relationships among purity, price, and risk; the effect of globalization on the heroin and cocaine markets, examined both through mathematical models and with empirical data from the U.K; the spread of khat, a psychoactive drug imported legally to the U.K. as a vegetable; and the economic effect of the "war on drugs" on producer and consumer countries. Other chapters examine the hidden financial flows of organized crime, patterns of smuggling in international trade, Iran's illicit trading activity, and the impact of mafia-like crime on foreign direct investment in Italy.
Author: The Late Donald deKieffer Publisher: Oxford University Press ISBN: 0199749647 Category : Law Languages : en Pages : 320
Book Description
Underground Economies and Illegal Imports: Business and Legal Strategies to Address Illegal Commerce is a unique resource for lawyers and their clients facing the chaotic landscape of illegal trade in the black and gray markets, where legal remedies are often unobtainable or impracticable. Donald E. deKieffer-a practitioner who has represented more than 60 Fortune 500 companies both in the US and abroad-provides clear descriptions of how international supply and distribution chains are attacked by clever and not-so-subtle thieves around the world. This book is also a helpful source of examples and instructions on how to prepare for these attacks, and the best remedies when they do occur. Underground Economies and Illegal Imports: Business and Legal Strategies to Address Illegal Commerce is a one-of-a-kind guide to the underside of international trade for businesses, law enforcement and policy-makers. The illicit dealers in legitimate (or not-so-legitimate) merchandise are often linked with transnational criminal elements and even terrorists. This book assists international traders in avoiding these problems, or ameliorating any effects.
Author: Jagdish N. Bhagwati Publisher: Penguin (Non-Classics) ISBN: Category : Commerce Languages : en Pages : 424
Book Description
Anthology of readings on the economic theory of international trade economics - explores the theoretical foundations of the heckschern-ohlen model of comparative advantage, and covers free trade, trade policy, tariff analysis, trade and economic development, etc. References.
Author: Piotr Stryszowski Publisher: ISBN: 9789291562060 Category : Languages : en Pages : 130
Book Description
This study offers unique up-to-date analysis of the impact on global trade of counterfeit and pirated products, known as "fakes" by the general public. Using statistical analysis and drawing on a global dataset covering almost half million customs data on seizures, the study estimates the huge share of international trade commandeered by counterfeit and pirated goods. In 2013, international trade in such products represented up to 2.5% of world trade, or as much as USD 461 billion. This is the equivalent of the GDP of Austria, or the combined GDP of Ireland and the Czech Republic. Above all, it highlights that right holders, governments and the formal economy as a whole suffer from significant economic and social losses. It also gives an idea about the potential financial revenues collected by criminal networks that are behind such trade.^More specifically, counterfeit and pirated products amounted to up to 5 % of imports in 2013 in the European Union, or as much as EUR 85 billion (USD 116 billion). This suggests that the relative impact of counterfeiting is twice as high for a group of developed countries, such as the EU, than it is for the world as a whole. The scope of the phenomenon appears to be greater than a decade ago. Back in 2008, a previous OECD study estimated that counterfeit and pirated goods accounted for up to 1.9 % of world imports, or up to USD 200 billion, relying on the best data and more limited methods available at that time. In the context of today's revival of international trade in the global economy, there is no shortage of opportunities for counterfeiters and criminals. Counterfeit and pirated trade is a major threat to any modern, knowledge-based economy. Counterfeiting and piracy matter in an innovation driven global economy.^Intellectual property (IP) is a key value generator for firms, helping them succeed in competitive markets. At the macroeconomic level, IP protection and enforcement is one of the main drivers of innovation, which contributes to long term economic growth. Given the fundamental economic importance of IP, counterfeiting and piracy must be directly targeted as a threat to sustainable IP-based business models.
Author: Jagdish N. Bhagwati Publisher: Cambridge, Mass. : Published for the National Bureau of Economic Research by Ballinger Publishing Company ISBN: Category : Business & Economics Languages : en Pages : 264
Author: Giancarlo Gandolfo Publisher: Springer Science & Business Media ISBN: 3642373143 Category : Business & Economics Languages : en Pages : 669
Book Description
In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers alike. It addresses undergraduate students with extremely clear language and illustrations, making even the most complex trade models accessible. In the appendices, graduate students and researchers will find self-contained treatments in mathematical terms. The new edition has been thoroughly revised and updated to reflect the latest research on international trade.
Author: Moises Naim Publisher: Anchor ISBN: 0307278565 Category : Political Science Languages : en Pages : 351
Book Description
A groundbreaking investigation of how illicit commerce is changing the world by transforming economies, reshaping politics, and capturing governments.In this fascinating and comprehensive examination of the underside of globalization, Moises Naím illuminates the struggle between traffickers and the hamstrung bureaucracies trying to control them. From illegal migrants to drugs to weapons to laundered money to counterfeit goods, the black market produces enormous profits that are reinvested to create new businesses, enable terrorists, and even to take over governments. Naím reveals the inner workings of these amazingly efficient international organizations and shows why it is so hard — and so necessary to contain them. Riveting and deeply informed, Illicit will change how you see the world around you.
Author: Jagdish N. Bhagwati
Author: Jagdish N. Bhagwati
Author: Scott William Fausti
Author: Donald E. DeKieffer
Author: Cláudia Costa Storti
Author: The Late Donald deKieffer
Author: Jagdish N. Bhagwati
Author: Piotr Stryszowski
Author: Jagdish N. Bhagwati
Author: Giancarlo Gandolfo
Author: Moises Naim