Narconomics: Drug Trade in Colombia and Mexico

Table of Contents

Introduction3

Legalization vs. Total Regulated: Pros and Cons3

10 reasons for legalization5

Legalization in Portugal and Netherlands6

Obama's perspective on the Legalization of drugs6

Economic liability7

Economic asset7

Drugs and the economy of LDCs8

The advent of drug violence in Colombia and Mexico9

Effects in Mexico, Colombia and Surrounding Countries10

Liberalization15

Colombia-Mexico connection16

Prevention, treatment, and legalization (David G. Evans, 2012)18

Moral Theories of International Trade19

Deontological Theories20

Teleological Theories20

The Sociology of Drugs20

Virtue Theories21

Drug Related Crime21

Possible solutions to this problem23

President Vincent on drugs legalization24

Policy Reforms25

Conclusion25

Narconomics: Drugs in Colombia and Mexico

Introduction

In the history of the world, no other medical substance may have been as exploited and abused as drugs. Initially created and recognized for the treatment of various fatal and non-sever diseases, drug were soon realized to be an ideal source of intoxication and euphoria. People started using it for non-medical purposes and are now addicted to it completely. This led to the mass production of drugs by countries where the crop was found in abundance. Today, Colombia and Mexico are among the largest producers of the drug all over the world. As a matter of fact, the production of drugs from these countries has increased so much that it has taken over all other forms of business and income generation for the countries. Colombia was in fact considered as a success story according to economists, because the revenue generated from drug sale by the country was enough to sustain the entire nation. Economists believe that the economic growth of the country as well as the stability of its macroeconomic structure and social progression is admirable but such conceptions have ceased to impress now. Colombia, previously considered as a paradigm of (economic) management is now being considered as an economy heading towards disaster (Allum & Siebert, 2003).

Legalization vs. Total Regulated: Pros and Cons

Mostly the systems of drug control and distribution in the world vary from full legalization, which would completely eliminate all forms of government control, to various forms of controlled legalization where drugs are legally available under government control systems which involve:

Labeling legal and medical overdose warnings

Restrictions on advertising

Limitations

Restrictions on the quantity purchased at a time

Requirements on how certain drugs have to be supplied

Prohibition of sales to intoxicated persons

Special user licenses for drugs in particular

The system of regulated legalization would probably have a number of restrictions for different drugs, depending on their risk perception. While some drugs are sold without prescription in pharmacies and other institutions approved, drugs with increased risk of damage could only be available for sale on licensed premises where its use may be serviced by an emergency physician. Examples of drugs with different distribution levels regulated in most countries are:

Caffeine (coffee, tea)

Nicotine (snuff)

Ethanol alcohol (beer, wine, liquor)

Antibiotics

Full Legalization is often proposed by liberal groups, while regulated legalization is suggested by groups who think the law enforcement against prohibition might fail to achieve the objectives and worsen the problems associated with the use of prohibited drugs. Not all advocates of drug legalization necessarily share a common ethical framework, and people can adopt this view ...