Transnational Crime and the Developing World
Apr 6, 2017
From: Global Financial Integrity
By Channing May
Global Financial Integrity is pleased to present here its analysis of Transnational Crime and the Developing World. This follows a similarly named report we produced in 2011, which received considerable attention around the world. Unfortunately, transnational crime in multiple categories continues to grow in every region.
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The global community is failing in efforts to curtail transnational crime. Why? Largely because law enforcement is focused on the materials and manifestations of the crimes rather than on the money the crimes generate.
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Illicit tobacco products are some of the most frequently seized items by law enforcement, and the total illicit trade is worth US$40 billion annually. Of the total trade in illicit tobacco products, approximately 13 percent is represented by illegal and counterfeit items, worth roughly US$5.2 billion each year.
