INomun’s 3rd edition : march 2017


The video presenting the them here :


Cautioning the World parallel economy

Parallel economy, based on the black money or unaccounted money, is a big menace to the Indian economy. It is also a cause of big loss in the tax-revenues for the government. As such, it needs to be curbed. Its elimination will benefit the economy in more than one way.

In a general way, we can define black economy as the money that is generated by activities that are kept secret, in the sense that these are not reported to the authorities. As such, this money is also not accounted to (he fiscal authorities i.e., taxes are not paid on this money.


The committees

  • CSTD (Commission on Science and Technology for Development): Darknet under states' control - How to prevent cloning from leading an international black market ?

  • International Security Council : Regulating and restricting illicit weapons trade in relation with terrorism (ISIS).

  • UNICEF (United Nations International Children's Emergency Funds) : Ensuring access to education for all children in the world and preventing an increase in migrant child labor due to refugee crisis.

  • UNEP (United Nations Environment Program) : Regulating and coordinating animal trafficking especially regarding endangered species throughout the world.

  • UNDP (United Nations Development Program) : Supporting micro-credits and alternative currencies in order to reduce parallel economies.

  • ECOSOC (Economic and Social Council) : The impact of the circulation of drugs and counterfeits on the sustainable development: identifying strategies to disrupt criminal investment in key sectors.

  • Historical Council : Post-war development in Vietnam improving social and economic conditions (prostitution and drug trafficking).

  • General Assembly:  preventing Human trafficking in its various forms.