Why do some conflict-affected areas remain an arena of violent contestation of the state, while others transition to peace? I suggest that economic networks developed during intrastate conflict—i.e. wartime economies—give rise to continued pockets of...
When does organized crime resort to assassinating politicians? In narcocracies, criminal groups co-opt political elites through bribery in exchange for protection to traffic illegal drugs. When criminal groups compete, they may also resort to...
We show that legal opacity is a strong factor in drug trafficking. We develop a new framework that illustrates how legal opacity influences countries’ seizure rates. Legal opacity reduces the detection of illicit flows and increases their volumes...
This paper constructs a macroeconomic model of North-South interaction where the flow of narcotics from the South to the North is restricted. Their economic effects are akin to quantitative restrictions in trade policy. Two alternative policy...
This paper constructs a macroeconomic model of North–South interaction where the flow of narcotics from the South to the North is restricted. The economic effects are akin to quantitative restrictions in trade policy. Two alternative policy scenarios...
The relationship between the cocaine trade and urban land markets in South America has been overlooked by the mainstream economics and urban studies literature. This paper examines two avenues through which the cocaine trade can have a large impact...
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