Illicit trade in “goods, guns, people, and natural resources” is a $650 billion enterprise, which most negatively impacts the developing world, finds a new report released today by Global Financial Integrity. “Transnational Crime in the Developing World,” evaluates the overall size of criminal markets in 12 categories: drugs, humans, wildlife, counterfeit goods and currencies, human organs, small arms, diamonds and other gems, oil, timber, fish, art and cultural property, and gold.
“While this report includes a monetary measure of the cost of these illicit activities, it also stresses that the activities associated with these illicit markets—human rights abuses, corruption, murder— extract a significant toll on the lives of people in these developing countries and undermines economic growth and good governance efforts,” said report author Jeremy Haken.
See full Press Release.
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