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The Illicit Global Economy: What Everyone Needs To Know®

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The illicit global economy encompasses cross-border flows of goods, people, money, and information unauthorized by either the sending or receiving country. Typically, this means flows that are prohibited (endangered species and narcotics), regulated (migrants, cigarettes, arms), stolen (art and antiquities), or counterfeit (ranging from prescription medicines to currency). Some of these flows are obscure (the black-market trade in bear bile) or mostly a law enforcement nuisance (cross-border trade in stolen vehicle parts), but others receive enormous policy and media attention (drug trafficking and human smuggling). Still others have severe environmental impacts (toxic waste, illegal logging, overfishing, and poaching) and security implications (sanctions busting and arms trafficking). Collectively, these flows reflect the illicit side of the global economy.

The Illicit Global Economy: What Everyone Needs to Know® answers the key questions about how illicit global markets are structured and operate, how they intersect with state institutions and practices, how they interact with the legal economy, and how they shape and are shaped by domestic and international politics. This pithy yet authoritative primer helps readers make sense of a crucial part of the global economy that is too often either neglected or distorted. In this regard, an underlying theme in the book is the need for a more historically informed critical perspective that challenges the many myths and misconceptions about the illicit global economy that are all-too-prevalent in contemporary media accounts, Hollywood depictions, popular books, and policy debates.

Author: Andreas Peter
Publisher: OXFORD UNIVERSITY PRESS
Pages: 240
ISBN: 9780197543689
Cover: Paperback
Edition Number: 1
Release Year: 2025

1. The Illicit Global Economy: Its Nature, Dimensions, and Magnitude
2. State Power and the Illicit Globalization Debate
3. International Policing and Global Prohibitions
4. Case Study: Drug Trafficking
5. Case Study: Clandestine Human Mobility
6. Looking Ahead: Future Trends and Trajectories

Peter Andreas is the John Hay Professor of International Studies at Brown University, where he holds a joint appointment between the Department of Political Science and the Watson Institute for International and Public Affairs. Andreas has published ten books, including Smuggler Nation: How Illicit Trade Made America. He has also written for publications such as Foreign Affairs, Foreign Policy, The Guardian, Harper's, The Nation, The New Republic, Slate, The New York Times, and The Washington Post. A graduate of Swarthmore College and Cornell University, he lives with his family in Providence, Rhode Island.

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