Drug Trafficking and Its Impact on Colombia: An Economic Overview

@article{Garca2003DrugTA,
  title={Drug Trafficking and Its Impact on Colombia: An Economic Overview},
  author={R. R. Garc{\'i}a},
  journal={Canadian Journal of Latin American and Caribbean Studies},
  year={2003},
  volume={28},
  pages={277 - 304}
}
  • R. R. García
  • Published 2003
  • Economics
  • Canadian Journal of Latin American and Caribbean Studies
Abstract This article analyzes the effects of drug trafficking on the Colombian economy and concludes that its overall impact has been negative. It questions the idea, commonly held in Colombia, that this phenomenon has had mixed social and political impacts, but that its crucial role in sustaining the national economy has been beneficial. The repatriation of money equivalent to 3% of GDP is considerable, but not overwhelming. Most important, this money has not been of much benefit to the rest… Expand
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