A couple of months ago I was approached by our INTREPID our partner Transcrime (the Joint Research Center on Transnational Crime of the Università Cattolica del Sacro Cuore, Milan) if I would be interested in contributing a chapter to an edited book examining “dual markets”.
The book entitled “Dual Markets: Comparative Approaches for Regulation” is being published by Springer next month and is edited by Ernesto Savona (Professor of Criminology and Director of Transcrime), Mark Kleiman (Professor of Public Policy at New York University’s Wagner School of Public Service and Director of the Crime & Justice Program at New York University’s Marron Institute of Urban Management) and Francesco Calderoni (Associate Professor of Criminology and Researcher at Transcrime).
As the editors explain:
“This comprehensive volume analyzes dual markets for regulated substances and services, and aims to provide a framework for their effective regulation. A “dual market” refers to the existence of both a legal and an illegal market for a regulated product or service (for example, prescription drugs). These regulations exist in various countries for a mix of public health, historical, political and cultural reasons. Allowing the legal market to thrive, while trying to eliminate the illegal market, provides a unique challenge for governments and law enforcement.
Broken down into nine main sections, the book studies comparative international policies for regulating these “dual markets” from a historical, legal, and cultural perspective. It includes an analysis of the markets for psychoactive substances that are illegal in most countries (such as marijuana, cocaine, opiods and amphetimines), psychoactive substances which are legal in most countries and where consumption is widespread (such as alcohol and tobacco), and services that are generally regulated or illegal (such as sports betting, the sex trade, and gambling). For each of these nine types of markets, contributions focus on the relationship between regulation, the emerging illegal market, and the resulting overall access to these services.
This work aims to provide a comprehensive framework from a historical, cultural, and comparative international perspective. It will be of interest to researchers in criminology and criminal justice, particularly with an interest in organized crime, as well as related fields such as sociology, public policy, international relations, and public health.”
Given the research I have been doing on New Psychoactive Substances as part of INTREPID Project 7, I was asked to write a chapter on NPS entitled “Legislative Measures’ Impact on the New Psychoactive Substance Market. In this chapter I discuss that while much has been learnt about the impact that various government interventions have had on the traditionally illicit drug markets, we often overlook the impact that legislative measures have on recreational drug markets that operate in a legal gray area i.e. NPS/Legal Highs. The chapter goes on to look at how attempts to regulate traditional illicit recreational drug markets has created a new market of NPS as well as examines some of the most common ways governments have attempted to regulate this emerging industry and the impact that these interventions have had on the NPS market.
If you are interested in reading more about this and other dual markets you will be able to do so next month when the book becomes available to the public.