Titre : | How much demand for money laundering services does drug selling create? Identifying the key parameters (2022) |
Auteurs : | J. P. CAULKINS ; P. REUTER |
Type de document : | Article : Périodique |
Dans : | International Journal of Drug Policy (Vol.103, May 2022) |
Article en page(s) : | art. 103652 |
Langues: | Anglais |
Discipline : | MAR (Marchés / Markets) |
Mots-clés : |
Thésaurus mots-clés BLANCHIMENT ; MARCHE DE LA DROGUE ; MODELE ; OPIOIDES ; VENTE ; HEROINE ; ARGENT ; CONTROLE DES STUPEFIANTSThésaurus géographique CANADA |
Résumé : |
Background: The illegal drug trade is often, and plausibly, asserted to be the largest illegal market, globally and in many individual countries. It is also claimed that a large share of its revenues is laundered, though there are no estimates of that volume. We provide rough estimates of that proportion and its primary determinants.
Methods and Data: This paper presents a model of a multi-tiered drug distribution network that is parameterized with data based on one typical, well-studied case, namely British Colombia's market for illegal opioids, supplemented by a corresponding economic interpretation of what determines the share of drug trade revenues that need to be laundered. Sensitivity with respect to key parameters is analyzed. Findings: We suggest that less than half and perhaps no more than a quarter of revenues from established drug markets need laundering. Key parameters governing this proportion include the price mark-up across distribution levels, transaction volumes at each market level, and the capacity of market participants to spend cash on daily living expenses. Conclusion: This model permits estimation of the scale of money laundering associated with a particular drug market. It suggests that there are limits on money laundering controls as a way of reducing drug supply - although money laundering investigations may still be an effective way to identify and investigate high-level drug traffickers. |
Domaine : | Drogues illicites / Illicit drugs |
Affiliation : |
Heinz College, Carnegie Mellon University, Pittsburgh, PA, USA School of Public Policy and Department of Criminology, University of Maryland, USA |
Cote : | Abonnement |
Lien : | https://doi.org/10.1016/j.drugpo.2022.103652 |
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