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Transnational White-Collar Crime and Risk: Lessons From the Global Trade in Electronic Waste

NCJ Number
231362
Journal
Criminology & Public Policy Volume: 9 Issue: 3 Dated: August 2010 Pages: 543-590
Author(s)
Carole Gibbs; Edmund F. McGarrell; Mark Axelrod
Date Published
August 2010
Length
48 pages
Annotation
This article examines the growing global trade in electronic waste (E-waste) and the potential problems associated with the cross-border transactions.
Abstract
Business transactions have increasingly been crossing national borders, thereby presenting greater opportunities for white-collar crime and for the externalization of risk. The global economic crisis, resulting in part from the subprime mortgage scandal, is a prime example of this potential. To develop theoretical perspectives and practical interventions to prevent and respond to the global financial crisis, we consider similar issues of risk and white-collar crime associated with global transactions in electronic waste (E-waste). Smart (or responsive) regulation is a promising approach for addressing both E-waste and the current economic crisis. This response includes crime prevention, third-party- and self-regulation, and the threat of strong state intervention. Future research should explore the extent to which smart regulation reduces specific forms of white-collar crime and risk, as well as whether these interventions generalize to other transnational problems. Table and references (Published Abstract)