Illicit trade

Louise Shelley

Chapter 6 in Handbook of Globalisation and Development, 2017, pp 100-114 from Edward Elgar Publishing

Abstract: Illicit trade exists in many diverse commodities that often do not receive the attention they deserve. Whereas significant attention is focused on the drug trade, there are many less-recognized forms of illicit trade, including trade in wildlife, people, counterfeits and antiquities. Illicit trade is more than a competitor to legitimate business. The rise of illicit trade has had an economic impact and some forms of this trade undermine the sustainability of the planet. There are also important national security implications as illicit trade exists in arms, dual-use materials for weapons of mass destruction, and terrorists are increasingly relying on illicit trade to fund their activities. The strategies to address illicit trade need to be multifaceted involving many different sectors of society as well as government. Public–private partnerships are key in addressing this problem.

Keywords: Development Studies; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2017
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