Purpose: This paper aims to deal with a closer look into the nature and extent of consumer expenditure inequality in India to identify the major contributions those are embedded, particularly after the economic reforms. Relative contributions of major consumption items/sources to the overall...

The economic development of oil importing countries creates an increased demand for oil. This results in higher prices and an increased surplus to producers. A buyers' cartel would be a mechanism by which the US (in association with other importing countries) could retain (all or a part of) this...