La riqueza del narcotráfico y la desigualdad en Colombia, 1976-2012
In an intent to understand the economic significance and in- fluence of drug-trafficking on the concentration of income in Colombia, this article estimates the magnitude of the repatriation of drug trade wealth (W) since the mid-1970s by taking into account Repatriable Profits (RP) and their absorpt...
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| Format: | Article |
| Language: | Spanish |
| Published: |
2014
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| Subjects: | |
| Online Access: | https://dialnet.unirioja.es/servlet/oaiart?codigo=5125436 |
| Source: | Criminalidad, ISSN 1794-3108, Vol. 56, Nº. 2, 2014 (Ejemplar dedicado a: Examen químico metalográfico con ácido nitrico en carrocerías y chasis en acero de vehiculos), pags. 273-290 |
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| Summary: |
In an intent to understand the economic significance and in-
fluence of drug-trafficking on the concentration of income in
Colombia, this article estimates the magnitude of the repatriation
of drug trade wealth (W) since the mid-1970s by taking
into account Repatriable Profits (RP) and their absorption
through Hidden Capital Flows (HCF), smuggling, trade
practices such as over-billing or under-billing, and foreign investment
from tax haven countries. The RPs are accounted
for by using production, prices, seizures and confiscations as
well as documented assumptions, while in the HCFs official
national figures are compared with records of the rest of the
world and estimates according to theoretical fundamentals.
Thus, W might explain the spike in income inequality, as controlled
by economic growth, and would match other manifestations
of the deterioration in equity attributed to drug
trafficking. Therefore, it implies a nexus of regional importance
if we consider that inequality there is associated with
economic growth and the confiscations of drug traffickers’
assets; and, judging by their inadequate design and ambiguous
results, another challenge for public policies aimed
at curbing criminally-acquired wealth and promoting lawful
economy. |
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