Riti Srivastava

Email: ritisrivastava@rediffmail.com

Riti SrivastavaRiti Srivastava is pursuing her PhD in Economics from Banasthali Vidyapith, India after spending more than 17 years in Corporate and Academics where she has handled middle and senior level positions. In her professional journey so far, she has been associated with many organisations and Institutes of repute which are Stockholding Corporations of India Limited, Fortis Securities, Society for Participatory Research in Asia, Amity University, ICFAI National College, IIM Lucknow, Noida Campus, National Institute of Agricultural Marketing, Ministry of Agriculture and Bhartiya Skill Development University, to name a few. Her interests in Economics continued right after graduating in the subject from Patna Women’s College after which she did her Masters in Economics from University of Pune. She also holds a Post Graduate Diploma in International trade and Diploma in Financial Analysis and Tax Planning from Institute of Management Development and Research, India. Her research interests include Econometrics, International Economics, Public Economics and Competition Policy.

Papers Published in World Economics:

Measuring Trade Flows Between India and Latin American and Caribbean Countries

This study has been undertaken to analyse the bilateral trade flows between India and selected Latin American and Caribbean countries and the period of study is from 2001 to 2019. The trade tool used is the augmented gravity model and the study specifically covers four countries of Latin America and the Caribbean: Brazil, Colombia, Mexico and Trinidad & Tobago. The three Latin American countries were chosen because India’s trade with them is higher than with any other LAC countries, and because they offer high potential. Trinidad & Tobago is a large, well-recognised island, and offers greater potential than other Caribbean nations. We have taken export, import and total trade as dependent variables between India and each country considered, in three different equations, and a few independent and dummy variables have also been employed. The results show that GDP, GNP, per capita GDP/GNP and openness of the economy all play a very significant role in affecting bilateral trade. Also, though trade agreements do not have much effect, openness of trade and liberal trade policies are important.

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An Analysis of India’s Trade Intensity with Latin American and Caribbean Countries

This article aims to establish a better trade relationship between India and Latin American and Caribbean countries, so they come closer, share common interests and find out means of enhancing bilateral trade as a result of bilateral negotiations. It presents Trade Intensity Indexes (TII) as a measure of trade between India and Latin American countries, with special reference to Brazil, Colombia, Mexico, and Trinidad and Tobago (TTO), for the years 2001 to 2019. The analysis in this article reveals India’s trade with these four countries has been less than it should have, given their respective trade potential, for a variety of reasons, notably quality, technological differences and also cost and policy deficiencies. Product diversification, infrastructural improvements and strong diplomatic and marketing efforts in which government and private sector participate would be of immense help in addressing this.

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