Will Regulating Drug Markets Help Governments to Better Control Organized Crime?
Few expect illegal drug markets to completely disappear in a world of legally regulated psychoactive substances, but it is likely that the regulation of currently illicit drugs would significantly challenge the business model of today’s drug trafficking organizations. This article examines if and to...
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| Format: | Article |
| Language: | English |
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LSE Press
2019-11-01
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| Series: | Journal of Illicit Economies and Development |
| Subjects: | |
| Online Access: | https://jied.lse.ac.uk/articles/24 |
| _version_ | 1797961704799207424 |
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| author | Christian Schneider |
| author_facet | Christian Schneider |
| author_sort | Christian Schneider |
| collection | DOAJ |
| description | Few expect illegal drug markets to completely disappear in a world of legally regulated psychoactive substances, but it is likely that the regulation of currently illicit drugs would significantly challenge the business model of today’s drug trafficking organizations. This article examines if and to what extent governments can expect to profit from regulating illicit drugs in terms of their control over organized criminal activity. It argues that, especially among proponents of drug market regulation, expectations about the impact of regulation on organized crime control might be too high. Regulation might create opportunities to better fight organized crime, but policy-makers are likely to be confronted with a range of sometimes uncomfortable choices in dealing with this new situation. If drug market regulation will result in better control of organized crime is likely to depend on what decisions policy-makers will take. |
| first_indexed | 2024-04-11T01:01:55Z |
| format | Article |
| id | doaj.art-506778b1cd69484492f0c0c3f5b529e1 |
| institution | Directory Open Access Journal |
| issn | 2516-7227 |
| language | English |
| last_indexed | 2024-04-11T01:01:55Z |
| publishDate | 2019-11-01 |
| publisher | LSE Press |
| record_format | Article |
| series | Journal of Illicit Economies and Development |
| spelling | doaj.art-506778b1cd69484492f0c0c3f5b529e12023-01-04T15:01:02ZengLSE PressJournal of Illicit Economies and Development2516-72272019-11-011328829310.31389/jied.2430Will Regulating Drug Markets Help Governments to Better Control Organized Crime?Christian Schneider0London School of Economics and Political ScienceFew expect illegal drug markets to completely disappear in a world of legally regulated psychoactive substances, but it is likely that the regulation of currently illicit drugs would significantly challenge the business model of today’s drug trafficking organizations. This article examines if and to what extent governments can expect to profit from regulating illicit drugs in terms of their control over organized criminal activity. It argues that, especially among proponents of drug market regulation, expectations about the impact of regulation on organized crime control might be too high. Regulation might create opportunities to better fight organized crime, but policy-makers are likely to be confronted with a range of sometimes uncomfortable choices in dealing with this new situation. If drug market regulation will result in better control of organized crime is likely to depend on what decisions policy-makers will take.https://jied.lse.ac.uk/articles/24regulationillicit drug marketspolicingorganized crime controldrug trafficking organizations |
| spellingShingle | Christian Schneider Will Regulating Drug Markets Help Governments to Better Control Organized Crime? Journal of Illicit Economies and Development regulation illicit drug markets policing organized crime control drug trafficking organizations |
| title | Will Regulating Drug Markets Help Governments to Better Control Organized Crime? |
| title_full | Will Regulating Drug Markets Help Governments to Better Control Organized Crime? |
| title_fullStr | Will Regulating Drug Markets Help Governments to Better Control Organized Crime? |
| title_full_unstemmed | Will Regulating Drug Markets Help Governments to Better Control Organized Crime? |
| title_short | Will Regulating Drug Markets Help Governments to Better Control Organized Crime? |
| title_sort | will regulating drug markets help governments to better control organized crime |
| topic | regulation illicit drug markets policing organized crime control drug trafficking organizations |
| url | https://jied.lse.ac.uk/articles/24 |
| work_keys_str_mv | AT christianschneider willregulatingdrugmarketshelpgovernmentstobettercontrolorganizedcrime |