What is the globalization and impact of drug trafficking Research Paper

What is the globalization and impact of drug trafficking - Research Paper Example e international consumption increasing greatly, the people engaged in the administration have also participated in this trade forgetting about the negative impacts it imparts on the general population and hampering the future. Although in the recent years genuine efforts have been given on reducing the drug trafficking by focusing on the supply side, demand side in this paper is highlighted as a more important dimension for attaining solutions. Intensification of the term ‘globalization’ is indeed a dominant phenomenon unleashing its practicability in diversified gesture from the second half of the twentieth century to the instance we are standing today1. Technically speaking, theme of globalization encompasses around the notion that, nation states are intertwined with information exchange along with amalgamating culture, religion, tradition, business practices and so on2. Now within the domain of business perspective globalization among its multifarious dimensions imparts a significant part. Globalization has brought many opportunities but at the same time has imposed a lot of critical challenges and adverse effects. Drug trafficking is one such arena where the adverse effects of globalization has made its full interventions. Rational individuals are required to be bestowed with tasks of analyzing, understanding as well as harnessing the benefits for eliminating the negative consequences that come with it. Th e paper will be discussing the negative impacts of globalization with respect to drug trafficking (special emphasis on Latin American countries) with an attempt to find out potential solution to curb down its evil effects. From theoretical perspectives globalization can be visualized as a platform where the private organizations are operating in a global forefront with a disciplined behavior with equilibrium occurring at the intersecting point of demand and supply curves. Similarly it can be stated that the market of illicit drugs and its trafficking