Illicit Trade and the Global Economy (CESifo Seminar Series) Book PDF, ePub eBook

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Book Descriptions:

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.

Illicit Trade and the Global Economy (CESifo Seminar Series)

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