Illegal drug trade: Difference between revisions
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[[File:Drugroutemap.gif|thumb|A map showing the global drug smuggling routes around the world.]] | [[File:Drugroutemap.gif|thumb|A map showing the global drug smuggling routes around the world.]] | ||
[[File: | [[File:4 ounces of cannabis.JPG|thumb|300px|right|4 ounces of cannabis siexed by police during a raid on a cannabis laboratory ]] | ||
The '''illegal drug trade''' is a global [http://en.wikipedia.org/wiki/Underground_economy black market], dedicated to cultivation, manufacturing, distribution, and sale of drugs, which are subject to [http://en.wikipedia.org/wiki/Prohibition_%28drugs%29 drug prohibition] laws. Most jurisdictions [http://en.wikipedia.org/wiki/Prohibitionism prohibit] trade, except under [http://en.wikipedia.org/wiki/License license], of many types of [http://en.wikipedia.org/wiki/Drug drugs] by [http://en.wikipedia.org/wiki/Drug_prohibition_laws drug prohibition laws] while there is also a trade in avoiding paying tax on what are legal drugs, such as tobacco. | The '''illegal drug trade''' is a global [http://en.wikipedia.org/wiki/Underground_economy black market], dedicated to cultivation, manufacturing, distribution, and sale of drugs, which are subject to [http://en.wikipedia.org/wiki/Prohibition_%28drugs%29 drug prohibition] laws. Most jurisdictions [http://en.wikipedia.org/wiki/Prohibitionism prohibit] trade, except under [http://en.wikipedia.org/wiki/License license], of many types of [http://en.wikipedia.org/wiki/Drug drugs] by [http://en.wikipedia.org/wiki/Drug_prohibition_laws drug prohibition laws] while there is also a trade in avoiding paying tax on what are legal drugs, such as tobacco. | ||
Revision as of 16:19, 26 May 2013
The illegal drug trade is a global black market, dedicated to cultivation, manufacturing, distribution, and sale of drugs, which are subject to drug prohibition laws. Most jurisdictions prohibit trade, except under license, of many types of drugs by drug prohibition laws while there is also a trade in avoiding paying tax on what are legal drugs, such as tobacco.
A UN report said "the global drug trade generated an estimated US$321.6 billion in 2003." With a world GDP of US$36 trillion in the same year, the illegal drug trade may be estimated as slightly less than 1% (0.893%) of total global output. Consumption of illegal drugs is widespread globally.