Illicit Economy and Globalisation. The Paradoxical Bond

Business & Finance, Economics, International
Cover of the book Illicit Economy and Globalisation. The Paradoxical Bond by Arshi Aggarwal, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Arshi Aggarwal ISBN: 9783656864936
Publisher: GRIN Verlag Publication: December 19, 2014
Imprint: GRIN Verlag Language: English
Author: Arshi Aggarwal
ISBN: 9783656864936
Publisher: GRIN Verlag
Publication: December 19, 2014
Imprint: GRIN Verlag
Language: English

Scientific Essay from the year 2014 in the subject Economics - International Economic Relations, grade: 69, University of Sheffield (Department of Politics), course: The Political Economy of Globalisation, language: English, abstract: To cite an example of global illicit trade, a credit card fraud begins with a Vietnamese shopkeeper in USA as he swipes the customer card in a special fraud machine. This machine electronically transmits card details to Hong Kong crime syndicate, which collects the information from different ports in US to send it to Malaysia for manufacturing of fake credit cards. These cards are then couriered to Italy where another organised crime group sells them to their Russian counterparts in Czechoslovakia. Here these cards are used to make payments for several online orders in London, Paris and Rome; goods are then flown and sold in Moscow, Russia within 200 hours of first card swipe. According to an online estimate, the global illicit market value stands at US $1.78 trillion. The intricacies of its transnational web are far more complicated then its legal counterpart. This essay analyses the relationship between globalisation and clandestine economy of the globe.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Scientific Essay from the year 2014 in the subject Economics - International Economic Relations, grade: 69, University of Sheffield (Department of Politics), course: The Political Economy of Globalisation, language: English, abstract: To cite an example of global illicit trade, a credit card fraud begins with a Vietnamese shopkeeper in USA as he swipes the customer card in a special fraud machine. This machine electronically transmits card details to Hong Kong crime syndicate, which collects the information from different ports in US to send it to Malaysia for manufacturing of fake credit cards. These cards are then couriered to Italy where another organised crime group sells them to their Russian counterparts in Czechoslovakia. Here these cards are used to make payments for several online orders in London, Paris and Rome; goods are then flown and sold in Moscow, Russia within 200 hours of first card swipe. According to an online estimate, the global illicit market value stands at US $1.78 trillion. The intricacies of its transnational web are far more complicated then its legal counterpart. This essay analyses the relationship between globalisation and clandestine economy of the globe.

More books from GRIN Verlag

Cover of the book Die Bedeutung von Corporate Social Responsibility für kleine und mittelständische Unternehmen im Rahmen von Auslandsgeschäften by Arshi Aggarwal
Cover of the book Die Sparpolitik in Europa. Fakten und Befunde by Arshi Aggarwal
Cover of the book Die Auswirkungen der demographischen Entwicklung auf die Finanzierung der Gesetzlichen Krankenversicherung (GKV) by Arshi Aggarwal
Cover of the book Einsatz von Jesusfilmen im Religionsunterricht by Arshi Aggarwal
Cover of the book Das CobiT®-Referenzmodell im Kontext einer IT-Strategie by Arshi Aggarwal
Cover of the book Hexenverfolgung bei Friedrich Graf Spee von Langenfeld by Arshi Aggarwal
Cover of the book Die Jazz- und Swingjugend der Weimarer Republik by Arshi Aggarwal
Cover of the book Die positiven Folgen von Dienstleistungsarbeit by Arshi Aggarwal
Cover of the book Zu: Arthur Miller - Tod eines Handlungsreisenden by Arshi Aggarwal
Cover of the book Überblick über Bilanzierungsregulationen Chinas und Vergleich zwischen IFRS und New PRC GAAP by Arshi Aggarwal
Cover of the book Mitarbeitereinstellungen ändern? Zur Einsatzmöglichkeit von TQM-Werkzeugen in der Organisationsentwicklung by Arshi Aggarwal
Cover of the book Das Konzept der Efficient Consumer Response by Arshi Aggarwal
Cover of the book 'Der Fall Michel' - Was beinhaltet eine gute Förderung für den Schüler Michel, bei dem LRS und ADS diagnostiziert wurde? by Arshi Aggarwal
Cover of the book Erstellen eines Angebotes (Unterweisung Industriekaufmann/-frau) by Arshi Aggarwal
Cover of the book Unterrichtsqualität und ihre Anforderungen an den Lehrer by Arshi Aggarwal
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy