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Illicit Trade and the Global Economy

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ISBN-10: 0262016559

ISBN-13: 9780262016551

Edition: 2012

Authors: Lloyd Storti, Cl�udia Costa Storti, Paul De Grauwe

List price: $24.95
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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…    
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Book details

List price: $24.95
Copyright year: 2012
Publisher: MIT Press
Publication date: 1/17/2012
Binding: Hardcover
Pages: 280
Size: 6.25" wide x 9.50" long x 1.00" tall
Weight: 1.144
Language: English

Series Foreword
Purity, Price, and Production: Are Drug Markets Different?
The Hidden Financial Flows of Organized Crime: A Literature Review and Some Preliminary Empirical Results
Gotcha! A Profile of Smuggling in International Trade
Dark Side of Trade in Iran: Evidence from a Structural Equation Model
Modeling the Cocaine and Heroin Markets in the Era of Globalization and Drug Reduction Policies
The Impact of Globalization on the UK Market for Illicit Drugs: Evidence from Interviews with Convicted Drug Traffickers
Khat, and the Informal Globalization of a Psychoactive Commodity
Organized Crime and Foreign Direct Investment: The Italian Case
The War on Illegal Drugs in Producer and Consumer Countries: A Simple Analytical Framework