gfiles magazine

May 9, 2019

GOVERNANCE : Crime of 21st Century


The world’s fastest growing economic activity is unfortunately one that is having a detrimental impact on trade, employment, innovation, security and the health of people living across the length and breadth of the world. This activity is called ‘illicit trade’ and its tentacles have spread so far, that over the last ten years, it has grown from $650 billion to nearly $3 trillion. This illegal business operation represents 10 per cent of the global trade and has been termed as crime of the 21st century by the Federal Bureau of Investigation (FBI).

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