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Kroc School Professor Topher McDougal Shares Perspective on How Black Markets Have Adapted to - and Shaped - the COVID-19 Crisis

Wednesday, June 3, 2020TOPICS: Research

In his latest contribution to Vision of Humanity, Kroc School Professor Topher McDougal shares that the COVID-19 crisis has affected many aspects of society, but perhaps none in so complex, evolving, and poorly understood ways as black markets.

His article begins:

Black markets are not only responsive to the economic shock, but are in many ways deeply influencing how we experience it and the pandemic itself. The intersections between COVID-19 and black markets are enormously complex, and will often differ dramatically based on whether the country in question is a net exporter or importer of the black market good or service in question.

In the US and many wealthy countries, black market imports include illegal drugs, humans, counterfeit medication and unsanctioned medical supplies. Common exports include wildlife in Africa and guns in the US.

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Justin Prugh
jprugh@sandiego.edu
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