Abu Dhabi, 29 Oct. - (ANA) - The value of the global illicit economy is regularly placed at over $1 trillion. However, data is often out of date, sometimes by more than 10 years.
This lack of information, and lack of coordination in fighting it, has encouraged illicit trade to proliferate, according to a new paper by the World Economic Forum Global Agenda Council on the Illicit Economy
Technology offers many solutions to tackling crime, but poses challenges too. Other best practices include harmonization of databases and better global coordination across agencies.
More information about the Summit on the Global Agenda 2015 is available here: http://wef.ch/gac15
Abu Dhabi, United Arab Emirates, 27 October 2015 – The illicit economy is a giant, global and growing problem, a new paper by the World Economic Forum Meta-Council on the Illicit Economy shows. But as the widely varying estimates of its cost show, the illicit economy needs to be measured before it can be combated. -(ANA)

AB/ANA/ 20 October 2015 - - -