How Iran’s mafia-like Revolutionary Guard rules the country’s black market – The revolutionary children of the Ayatollah Khomeini, the Pasdaran, were …
Over the past three decades, the Guard has evolved and built a powerful military-industrial-financial complex. And they have not limited themselves to the normal economy. The IRGC has expanded Iran’s underground economy and its own control over it, building a mafia cartel in the process. Consequently, it is not surprising that in its 2011 plot to assassinate the Saudi ambassador in Washington, the Quds Force, the IRGC’s external operations wing, sought the help of Mexican drug cartels.
A close look at the IRGC’s involvement in Iran’s underground economy shows that the Guards are no strangers to the underworld. They control it.
Globally, the underground economy covers a considerable portion of the world’s economic activities. As the IMF explains, deficient rule of law in a country is correlated with a larger underground economy.
Iran has notably weak rule of law — and its underground economy is thriving. The IRGC is the major player in this shadow economy. For the IRGC, the underground is an unobservable source of wealth that is nevertheless important to understanding the Guard’s abilities and behavior.
The underground economy, as the IRS defines it, “represents income earned under the table and off the books.” It can include legal income laundered to avoid taxation, and also the trade in explicitly illegal goods, like drugs or weapons.
The value of the underground economy is not known and the estimation process is much more difficult than for other economic metrics, like GDP. The IMF’s study suggests that the value of an underground economy for developing countries is an amount equivalent to between 35 and 44 percent of their stated GDP. There are different measurements of the size of Iran’s underground economy, with some estimations of illicit activity reaching a total that’s equivalent to 36 percent of Iran’s GDP.
Iran’s mafia – Iran’s mafia – Iran’s mafia – Iran’s mafia – Iran’s mafia – Iran’s mafia
Iran Briefing | News Press Focus on Human Rights Violation by IRGC, Iran Human Rights
Jun 13, 2017 Comments Off on Iran: Military Budget Increased 145%
Aug 19, 2015 Comments Off on The IRGC and Department of Defense’s missile exercise, a threat to the world’s agreement
Feb 16, 2015 Comments Off on Why defeating fundamentalism requires a democratic Iran
Dec 14, 2014 Comments Off on Zarif and IRGC Commanders Exchange Jabs over National Security
Sep 19, 2017 Comments Off on IRGC Corruption Continues to Ruin Iran’s Economy
Aug 21, 2017 Comments Off on IRGC: Hatami’s leadership promises increasing deterrence power
Aug 18, 2017 Comments Off on Iran shells Kurdistan border area, no casualties reported
Aug 12, 2017 Comments Off on Kuwait arrests ‘terror cell’ convicts with Iran, Hezbollah ties
Sep 15, 2017 Comments Off on How Iran Is More Dangerous Than North KoreaHow Iran Is More Dangerous Than North Korea Iran’s nuclear program even without a bomb as we speak, enjoys the potential of becoming more dangerous than today’s North Korea after a recent hydrogen bomb...
Sep 14, 2017 Comments Off on Assad Is Selling Syria to Iran, Which Is Bad for the Rest of the WorldAssad Is Selling Syria to Iran, Which Is Bad for the Rest of the World The short history of the Syrian civil war is that President Bashar Assad killed hundreds of thousands of his people, sent millions fleeing from...
Jul 14, 2016 Comments Off on Corps’ one hundred thousand of triggered missiles in Lebanon:An official Israel-threatening by CorpsIran Briefing: Since August 7, 1979, when Ayatollah Khomeini declared the last Friday of Ramadhan as “Quds Day”, the Islamic Republic has always tried to hold an imposing ceremony by using state resources as well as requiring people’s involvement. This year’s Quds march had fundamental...