World Economics - Insight , Analysis and Data
World Economics Journal
Crime & corruption
Economic indicators and forecasting
Gross Domestic Product (GDP)
Savings and debt
Exchange Rate Policy
Labour Market Reform
Law and Justice
Food and Agriculture
Media, Sport and Entertainment
Retail and Consumer Goods
World Economics Journal Archive
Browse the complete World Economics Journal archive.
World Economics Authors
Biographies and contact details for all authors.
Full list of executive editors and our advisory board
Submit an Article
Details and notes for authors regarding journal submissions.
Journal Subscription Information
Subscribe to the journal online.
About World Economics
History and information about the site.
Useful numbers and contact details.
Terms & Conditions
Measuring Global Drug Markets
World Economics, December 2001
The continuing demand for measures of the size of global drug revenues has produced a supply of numbers that consistently overstate international financial flows. This paper shows that, rather than $500 billion, the annual figure in trade terms may be about $25 billion. As with many refined agricultural products, most of the revenues go to distributors rather than to primary producing countries. The authors explore the need for estimates of the global drug markets, address the difficulties of obtaining ‘good’ numbers, and describe opportunities for developing better estimates of flows and revenues. There are at least three reasons for caring about the numbers: they can help to improve understanding of the drug production and consumption problem and identify appropriate policy responses.
Brian Sturgess on Steven D. Levitt & Stephen J. Dubner: Superfreakonomics
World Economics, September 2010
Brian Sturgess on Raymond Fisman and Edward Miguel: Economic Gangsters
World Economics, December 2009
Understanding Crime, Political Uncertainty and Stock Market Returns
Juan Carlos Franco Laverde
Maria Estela Varua
World Economics, June 2009
Keep updated with:
Posts from Facebook
Tweets from Twitter
Groups on LinkedIn
Alerts from RSS feed
Copyright World Economics Ltd. 2017