Discrepancies in the data of trading partners concerning their trade with each other have frequently been used to infer the significance of illegal trade activities. Trade data discrepancies can, however, have many sources, including the poor quality of data in many countries. If discrepancies...

The rapid rise in the external debt obligations of the developing countries during the 1970s has given rise to concern that individual developing countries have been borrowing too much and that lenders may have overextended themselves. This paper surveys the literature on developing country debt...