Economics
Tax Justice Network: That War on Drugs
“The toughest laws created the toughest criminals. The only thing we’re doing is increasing the violence. And at this point, where we are now, only the most violent will survive. We have to ask about political will here. What are the interests of the countries and other major players involved?” — Karina Garcia-Reyes
The US government has spent an estimated $1 trillion on their ‘war on drugs.’ But, over 50 years later, the cross-border flows of illegal drugs, arms and money have increased. In the second part of a two part series (part 1 available here) we look at the failed ‘war on drugs,’ the movement to decriminalise, regulate and tax, opportunities and challenges for lower income nations, and the role of tax justice.
Featuring:
- Associate Professor of International and Organised Crime at Bristol Law School, Dr Mary Young
- Zara Snapp, co-founder of Instituto RIA
- Sergio Chaparro Hernandez of the Tax Justice Network
- Martin Drewry of Health Poverty Action
- Max Gallien of the International Centre for Tax and Development and the Institute of Development Studies at the University of Sussex
- Eric Gutierrez, of the International Centre of Human Rights and Drug Policy
- Taxcast host Naomi Fowler, co-produced with Jo Barratt of the Tax Justice Network
Resources:
- Invest in Justice, Jamaica Case Study
- Cannabis taxation – A new revenue source for development? Max Gallien and Giovanni Occhiali
- Diverse models of legalisation, Max Gallien and Giovanni Occhiali
- Tax Justice and the Legal Regulation of Drugs (video)
- A quiet revolution across the globe: drug decriminalisation across the globe
- Inside Mexico’s war on drugs: Conversations with ‘el narco’
- Poverty, gender and violence in the narratives of former narcos: accounting for drug trafficking violence in Mexico Karina Garcia-Reyes https://research-information.bris.ac.uk/ws/portalfiles/portal/193726176/Final_Copy_2018_11_06_Garcia_K_G_PhD_Redacted.pdf
- Debunking the Narco Myth, Karina Garcia-Reyes
- A world fit for money laundering: The Atlantic alliance’s undermining of organised crime control: Young, Mary Alice; Woodiwiss, Michael
- Organised crime and security threats in Caribbean Small Island Developing States: A Critical analysis of US assumptions and policies: Young, Mary; Woodiwiss, Michael
“It was always about the US and the UK in particular, protecting and leveraging their own national trading interests on both sides of the Atlantic. Western countries were never going to put the trillions used on the war on drugs into combating financial secrecy havens.” ~ Dr Mary Young
“The tools of tax avoidance are the same tools that enable the illicit drug trade’s extraordinary resilience to prohibition.” ~ Eric Gutierrez
Further Reading:
- Inside Mexico’s war on drugs: Conversations with ‘el narco’
- Poverty, gender and violence in the narratives of former narcos: accounting for drug trafficking violence in Mexico (Karina Garcia-Reyes)
- Debunking the Narco Myth
- A world fit for money laundering: The Atlantic alliance’s undermining of organised crime control: Young, Mary Alice; Woodiwiss, Michael
- Organised crime and security threats in Caribbean Small Island Developing States: A Critical analysis of US assumptions and policies: Young, Mary; Woodiwiss, Michael
Automation and intelligent integration are improving manufacturing efficiency and meeting the growing demand for sustainable and customizable packaging solutions.
The global corrugated fiberboard machine market is segmented by technology type, machine type, and end user. The market is growing due to e-commerce, rising demand for retail packaging, and eco-friendly packaging solutions.
Leading manufacturers are implementing monitoring, automated diagnostics, and predictive maintenance to optimize productivity. The market continues to invest in lightweight, recyclable material handling equipment.
Integrated intelligent systems such as IoT-enabled monitoring and digital printing are improving productivity and reducing manufacturing costs. Asia Pacific dominates the market with the largest revenue share. North America is the fastest growing region in the market with a projected growth rate of 5.6% between 2025 and 2032.
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IR in IPOs of early-stage biotech companies: from scientific hypothesis to investor trust
IPO for biotech startups is a test of trust formed by IR: trust in science, in technology, in the team, in the company’s ability to build transparent, sustainable communication with the market.
The right IR strategy turns a high-risk placement into a market success. The combination of IPO and IR is critical for biotech. Investor Relations in biotechnology is a tool for shaping the perception of scientific history.
One of the tasks of IR in the framework of IPO is to translate scientific and technical information into the language of value for the investor.
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Sustainable protein innovation can support rural livelihoods, strengthen food systems, and protect the planet. Listen to today’s episode written by Chelsea Montes de Oca at GFI.org
The Good Food Institute is an international nonprofit reimagining meat production in order to make the global food system better for the planet, people, and animals. GFI understands that with “alternative proteins” we can mitigate the environmental impact of our food system, decrease the risk of zoonotic disease, and ultimately feed more people with fewer resources.
Visit GFI.org for more information.
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