Abstract
One of the many consequences of Asia’s flawed politics is that, as Asia has moved toward the center of the global economy, it has also moved to the center of the global criminal economy. Evidence is presented on Asia’s role in several aspects of economic crime like counterfeiting and piracy, illegal drug production and trafficking, environmental crimes, human trafficking and smuggling, corruption and money laundering, and cybercrime. It is argued that while flawed politics is one of the causes, this criminality is eating away at the integrity of the state, as state actors are very often criminals themselves or are colluding with criminals.
Highlights
Counterfeiting and PiracyGetting a handle on the production of counterfeit, pirated and other illicit goods is not easy
Illicit trade has prospered alongside the rapid globalization of the world economy and represents the “dark side” of globalization as criminal groups often exploit states with weak capacity, law and institutions
As Asia progressively becomes a major player in the global economy, so it is that Asia is at the center of the scourge of economic crime, and illicit trade.[1]
Summary
Getting a handle on the production of counterfeit, pirated and other illicit goods is not easy. Prices are usually much lower than for the genuine article and depending on the product, quality of the fake article can be satisfactory In this context, the growing gap between rich and poor and rising poverty in advanced OECD countries are just some of the factors driving such demand, especially when the risk of being prosecuted is usually low. What is much more worrying is the case where fake products are presented as being genuine, but their apparent high-quality results in consumers being deceived In these circumstances, people unwittingly purchase counterfeit and pirated goods and are involuntarily exposed to the full range of product safety and security risks. It was hoped that following China’s membership of the World Trade Organisation in 2001, and rapid economic development, the Chinese government would begin to take intellectual property protection more. We review drug trafficking, an area where Asia plays a major role on global markets
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