Saturday, July 28, 2012

Narconomics

From HR to CSR: management lessons from Mexico’s drug lords

The drug industry’s flexibility is partly due to its exemption from import duties. Whereas legitimate Mexican traders have free access to America and Canada via the North American Free-Trade Agreement (NAFTA), drug smugglers are granted tariff-free entry to every country in the world thanks to the Single Convention on Narcotic Drugs, which prohibits the regulation or taxation of their product.