Illicit trade and the global economy / edited by Cláudia Costa Storti and Paul De Grauwe.

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Cambridge, Mass. : MIT Press, ©2012.
CESifo seminar series.
CESifo seminar series
1 online resource (277 p.)
Organized crime.
International trade.
Economists explore the relationship between expanding international trade and the parallel growth in illicit trade, including illegal drugs, smuggling, and organized crime.
Contents; Series Foreword; Contributors; Chapter 1. Introduction; Chapter 2. Purity, Price, and Production: Are Drug Markets Different?; 2.1 Introduction; 2.2 Motivation; 2.3 Risks and Prices; 2.4 Some Puzzles; 2.5 Participant Characteristics, Market Outcomes, and Policy; 2.6 Concluding Comments; Notes; References; Chapter 3. The Hidden Financial Flows of Organized Crime: A Literature Review and Some Preliminary Empirical Results; 3.1 Introduction; 3.2 The Kinds of Organized Crime Financing: A Preliminary Literature Review
3.3 The Infiltration of Organized Crime and the Informal Money Transfer (Hawala) System3.4 Summary and Conclusions; Notes; References; Chapter 4. Gotcha! A Profile of Smuggling in Internationa lTrade; 4.1 Introduction; 4.2 Misinvoicing in Trade; 4.3 Methodology and Data; 4.4 Empirical Results; 4.5 Conclusions; Acknowledgments; Notes; References; Data Appendix; Chapter 5. Dark Side of Trade in Iran: Evidence from a Structural Equation Model; 5.1 Introduction; 5.2 Review of the Literature; 5.3 Methodology; 5.4 Data; 5.5 Results; 5.6 Conclusion; Appendix A; Appendix B; Notes; References
Chapter 6. Modeling the Cocaine and Heroin Markets in the Era of Globalization and Drug Reduction Policies6.1 Introduction; 6.2 Recent Developments in the Cocaine and Heroin Markets; 6.3 The Model for the Retail Drug Market; 6.4 Deriving the Producers' Supply Curve; 6.5 Linking up Demand and Supply of Drugs; 6.6 Globalization Once Again; 6.7 A Case Study: The Development of the West African Cocaine Route toward Europe; 6.8 Conclusion; Notes; References; Chapter 7. The Impact of Globalization on the UK Market for Illicit Drugs: Evidence from Interviews with Convicted Drug Traffickers
7.1 Introduction7.2 Superterritoriality: Illicit Drug Markets as Flexible Social Networks; 7.3 Summary; 7.4 Method; 7.5 Results; 7.6 Discussion; Acknowledgments; Note; References; Chapter 8. Khat, and the Informal Globalization of a Psychoactive Commodity; 8.1 Introduction; 8.2 The Global Spread of Drug Use; 8.3 Globalization as a Conceptual Tool in the Analysis of Drug Markets; 8.4 Khat-Cultivation and Use; 8.5 State Decline and the Growth of the Informal Sector in Africa; 8.6 African States and International Agencies; 8.7 Khat as an Economic Success Story
8.8 The Significance of Khat in Exports, Tax Revenue, and Foreign Exchange Earnings8.9 The Anti-khat Campaign; 8.10 Propping up the Lame Leviathan-The Role of International Agencies; 8.11 Swimming against the Stream; 8.12 Conclusion; Notes; References; Chapter 9. Organized Crime and Foreign Direct Investment: The Italian Case; 9.1 Introduction; 9.2 The Location of FDI in Italy; 9.3 Crime and the Economy; 9.4 The Empirical Analysis; 9.5 Conclusion; Appendix; Acknowledgments; Notes; References
Chapter 10. The War on Illegal Drugs in Producer and Consumer Countries: A Simple Analytical Framework
Description based upon print version of record.
Includes bibliographical references and index.
OCLC-licensed vendor bibliographic record.
Storti, Cláudia Costa, editor.
Grauwe, Paul de, editor.
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