Market Data: 2008 January


$41,800 to be smuggled into the United Kingdom

Filed under: Asia, Europe, Humans

A Turkish human smuggling gang was charging Chinese nationals $41,800 to be smuggled across Asia and Europe and into Britain. The journey would take up to 18 months.

Source:  AFP, “Police smash Turkish people-smuggling ring,” Google News, January 31, 2008.

99 percent of digital tracks in China are pirated

The International Federation of the Phonographic Industry stated that 99 percent of the digital tracks downloaded in China is pirated.

Source:  Rudy Ruitenberg, “China to Boost Efforts to Curb Illegal Downloads, Official Says,” Bloomberg, January 27, 2008.

Organ Trafficking in the Philippines

Filed under: Asia, Humans

According to the Department of Health in the Philippines, the average cost of a kidney purchased on the black market was $3,600 (150,000 Philippine Pesos), with the donor of the kidney getting a third of that price and the brokers receiving two-thirds of the amount.

Source:  “Philippine bishops urge halt to organ trafficking,” Reuters, January 28, 2008.

Counterfeit Goods losses in South Korea

Counterfeit products made in China cost South Korean firms $14.2 billion, equivalent to 5 percent of total exports, according to the Korea International Trade Association.

Source:  “Chinese Imitations Undermining Korean Exports,” The Chosum Ilbo, January 15, 2007.

$1.6 billion in illegal seafoods enters Europe

Filed under: Environmental, Europe

Illegal fishing activities catches up to $1.6 Billion worth of seafood that enters the food industry in the European Union.

Source:  Elisabeth Rosenthal, “Something’s fishy as Europe dines,” New York Times, January 14, 2008.

Counterfeit Clothing in Mexico

An estimated 60 percent of all clothing and textiles sold in Mexico are counterfeit.

Source: Omar Millán González, “Fighting foreign fakes,” San Diego Union Tribune, January 12, 2008.

Over One Trillion dollars paid in bribes each year

Filed under: Financial Crime

According to estimates provided by the World Bank Institute, over $1 Trillion is paid in bribes around the world each year.

Source:  “The Costs of Corruption,” World Bank News and Broadcasts, April 8, 2004.

Prostitutes in Chicago earn $27 an hour

According to Steven Levitt, street prostitutes earn on average $27 an hour.

Source:  Carolyn O’hara, “In the Windy City, prostitutes sleep with police more often than get arrested by them,” Foreign Policy, Passport blog, January 7, 2008.

Cocaine market in Peru

According to the 2006 United Nations World Drug Report, the market value of coca produced in Peru based on farm-gate prices was $307 million in 2005.

Source: United Nations, “2006 World Drug Report,” Office on Drugs and Crime, pg. 247, June 2006.

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