[REPORT] The Economic Impacts of Counterfeiting and Piracy

international tradeTransportation concept.

By Frontier economics, for the Business Action to Stop Counterfeiting and Piracy (BASCAP) and INTA61 pages
This report from Frontier Economics deals with economic consequences of counterfeiting and piracy. It aims at quantifying the global value of this multi-billion-dollar industry. For that purpose, the report focuses on four aspect of the issue: the international trade of counterfeit goods across borders; the domestic production and consumption of counterfeit and pirated goods, the value of digital piracy (movies, music and software) and wider social impacts (effects on health, the environment and labour conditions) and economic impacts (effects on employment, tax, and foreign direct investment).
The report suggests that international trade of counterfeit and pirated goods will continue to expand and could reach $991 billion by 2022, whereas it accounted for $461 billion in 2013. Similarly, Frontier Economics forecasts that the value of domestic production and consumption of this kind of goods could range from $524 to $959 billion by 2022.

Origin Source: Cdn.iccwbo.org
Publication Date: 2016-01-05
Origin Contry: United States

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