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Louise I. Shelley
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Corruption & Illicit Trade
Open AccessPublisher: Journals Gateway
Daedalus (2018) 147 (3): 127–143.
Published: 01 July 2018
Abstract
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Illicit trade in diverse commodities–including drugs, people, natural resources, and counterfeit goods–is a significant component of the global economy. And illicit trade could not be possible without both high- and low-level forms of corruption. Transnational corruption has facilitated the global growth of illicit trade, undermining governance, the economy, health, social order, and sustainability in all regions of the world. This essay explores the convergences of corruption, illicit trade markets, and the legitimate economy, and identifies strategies for combatting them.