The Political Economy of Fraud in a Globalised Industry: The Case of Seafarers' Certifications

This paper reports on the first systematic and international investigation of the fraudulent trade in seafarers' certifications of competence. The shipping industry more than any other traditional industry has been transformed by globalisation, so that there is now effectively a single global labour market for seafarers. International regulation of labour standards in the industry is extensive, but so is regulatory avoidance. This paper seeks to investigate the political economy of fraud, through an exploration of the links between economic features of the globalised shipping industry and regulatory avoidance of labour standards.