Transnational Crime - A Threat to Regional Economic Security

Abstract

Transnational organized crime has become a key issue in international affairs and, unfortunately, one of the most important aspects of the global economy. Experts highlight the fact that organized crime - with all its undesirable consequences on competitiveness, or such other negative effects like counterfeiting or environmental damage - has the capability to undermine the rule of law and good governance. In this regard, it is necessary to find ways of fighting against organized crime at international level. To respond effectively against the threats of organized crime, a series of regional and thematic transnational assessments is required. This is more beneficial since these assessments can contribute to economic security in the region. Although progress has been made in this area by international bodies and European institutions, the present article proposes an analysis at the regional level.