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NCJ Number:	109348

Title:	Informal Regulation of Illegal Economic Activities: Comparisons Between the Squatter Property Market and Organized Crime

Journal:	International Journal of the Sociology of Law Volume:16 Issue:1 Dated:(February 1988) Pages:91-101

Author(s):	A Smart

Date Published:	1988

Page Count:	11

Type:	Research (Applied/Empirical)

Format:	Article

Language:	English

Country:	United Kingdom

Annotation:	This paper argues that discussions of organized crime have paid insufficient attention to how illegal markets operate in the absence of state support for contracts and property ownership and uses the squatter property market in Hong Kong to illustrate processes that regulate exchange relationships in illegal markets.

Abstract:	A review of the literature on organized crime concludes that the extensionist hypothesis -- that organized crime is inextricably linked to capitalism and the electoral systems of democratic countries -- has some validity, but often neglects mechanisms which make extension possible. A description of Hong Kong's illegal squatter property market identifies three factors influencing its organization: structure of government control, the nature of the illegal activities, and the characteristics and organizations of those involved. Individual interests of squatters are not enough by themselves to result in an informally regulated property market. Mechanisms are required to replace the state's role, and these are made possible by the community's social organization in conjunction with its political organs and traditional conceptions of tenure. 18 references.

Main Term(s):	Organized crime causes

Index Term(s):	Hong Kong; Organizational theories



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