Organised crime: the $2 trillion threat to the world's security

Greg Garraway
Blog 9
3/25/2011
7:23 pm

Organised crime: the $2 trillion threat to the world's security
The article I chose is about international organized crime that has become a 2$trillion mountain that is overwhelming and fueling the levels of global inequality. The takings of the criminal gangs around the world are "equivalent to Britain's GDP, or twice the world's combined defence budgets. Half of that amount is paid as bribes, which tend to make the rich and powerful even wealthier." The article states that there is more than $520 billion dollars that flows through the world's black economy from counterfeiting and piracy. Drug trade is the other big earner with $320 billion in takings. Human trafficking is another problem that is around $44 billion dollars. " over the next 10 years but the principal threats to this optimism appear to come from such effects as poverty levels, global warming, water shortages and organised crime. The last may be the most dangerous because of its capacity to subvert decision making and because there is little concerted international action to combat the threat. "It is time for an international campaign by all sectors of society to develop a global consensus for action against [transnational organised crime] which has grown to the point where it is increasingly interfering with the ability of governments to act," the report says."
Analysis: The article explains how the organized crime is growing and billions of dollars in crime money is making the global economy unequal. The organized crime and drug trades are only going to increase the problem is getting worse and the debt is only going to increase. The global economy is getting worse and it seems as if the globe is stuck in this problem unless something give either more criminals get arrested or the government figures out a plan to fix this global issue.

http://www.guardian.co.uk/world/2007/sep/12/topstories3.mainsection