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Globalization has led to an increase in commercial activities running on the illegal markets, its dynamics being largely determined by the balance between profitability and the major risks involved. Revenues are significant, one example being those obtained from drug industry. In recent years,...
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profitable in terms of heroin and cocaine consumption. The article focuses on the analysis of the theoretical aspects concerning …
Persistent link: https://www.econbiz.de/10009652158
Despite the well-documented human costs of the war on drugs, and the growing evidence of the environmental impacts of illicit economies, the militarized repression of the illicit drug trade remains a central hemispheric security and cooperation strategy in Northern and Central American...
Persistent link: https://www.econbiz.de/10013540626
that following an increase in the demand for Colombian cocaine, coca cultivation increases disproportionately in … municipalities that we use as an instrument to uncover the causal effect of illegal cocaine markets on violence. We find that a 10 …
Persistent link: https://www.econbiz.de/10010828273
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. In a general equilibrium framework, an explanation of the downward trend in the price of cocaine over the last two … production of cocaine, which has counterbalanced the impact of the supply-side control policies and the decrease in the number of …
Persistent link: https://www.econbiz.de/10008765014
Illegal markets constitute the source of income for organized crime. In the context of contemporary illegal market conditions, it needs to be noted that with the restrictions of national borders declining and the increasing mobility of goods, money and services, transnational business...
Persistent link: https://www.econbiz.de/10008830081
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