Narconomics: How to Run a Drug Cartel by Tom Wainwright
Narconomics: How to Run a Drug Cartel
Tom Wainwright
Page: 288
Format: pdf, ePub, mobi, fb2
ISBN: 9781610395830
Publisher: PublicAffairs
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This is a unique look into the huge and fascinating multi-billion dollar international drug industry. Rather than reporting it as a “war,” Wainwight looked at the drug trade as a business, with a quarter billion customers and worldwide revenues of about $300 billion a year—with similar concerns as any Fortune 500 business, such as human resources, outsourcing and corporate social responsibility. Some of Wainwight’s insights to help turn the way we think about the war on drugs on its head include: •Supply and demand. Drug cartels, as monopoly-buyers, use tactics like forcing their suppliers, the farmers, to absorb price shocks when coca fields are eradicated, rather than absorb it themselves. •Research and development. The cartels have invested in innovative ways to increase yield from coca plants; so even though less coca is now grown, it yields more cocaine, thus keeping the supply chain in good shape. •Mergers and acquisitions. Why the violence and bloody battles of the Mexican cartels have been generated by opportunistic takeover attempts. •Competition and collusion. Why the mafias running El Salvador’s drug gangs realized that violent competition was hurting profits and opted for a strategy of collusion. •Social responsibility. How cartels “give back” to society by meeting social needs that governments have been unable to satisfy. •Media relations. How dedicated “press officers” communicate with (and threaten) local journalists to secure the kind of coverage the cartel wants and use the media to send intimidating messages to their rivals •Human resource models. How cartels, in a business with a high turnover of personnel because of all the killing use prisons as employment agencies and training academies to ensure a steady stream of new recruits for jobs that are risky and don’t pay particularly well. •Franchising. Lessons the cartels have learned from some of Fortune 500’s restaurant business'. Using classical economics and modern business theory to explain why drug cartels work in the way they do and based seven years of reporting in more than a dozen countries, Wainwright provides fascinating, humorous and novel insights into a multibillion-dollar worldwide industry and provides an innovative blueprint to address the drug problem, as well as a range of other criminal activities. If mobsters think like businessmen, law enforcers can thwart them by learning to think like economists.
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°'Narconomics': a stain on the community of Latin America | Blog Smog
It is thus worth remembering that the death toll from the drug war in the they find more favourable environments to run their illegal operations. case of money laundering whereby the Sinaloa drug cartel in Mexico and the
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From I-[Rto CSR: management lessons from Mexico's drug lords. EXICO has drug “cartel”. There haven't been Many traffickers start off as po- licemen; the
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Narconomics: How to Run a Drug Cartel: Tom Wainwright
Narconomics: How to Run a Drug Cartel [Tom Wainwright] on Amazon.com. * FREE* shipping on qualifying offers. This is a unique look into the huge and
Tom Wainwright
Tom Wainwright is the Britain editor and former Mexico Correspondent of The Economist and author of Narconomics: How to Run a Drug Cartel.
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Narconomics: How to Run a Drug Cartel. 161 likes · 75 talking about this. "Narconomics: How to Run a Drug Cartel" is the world's first business manual
Tom Wainwright (@t_wainwright) | Twitter
Britain editor @TheEconomist. Previously of Mexico City. Author of Narconomics: How to Run a Drug Cartel (Feb 2016) https://t.co/LmKM3GA1xI. London.
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