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How firms cope with crime and violence : experiences from around the world
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ISBN: 1464801010 1306411564 1464801029 Year: 2014 Publisher: Washington, DC : The World Bank,

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Abstract

Crime and violence inflict high costs on the private sector-costs that are rising globally, according to the World Bank's Enterprise Surveys, discussions with chambers and associations, and the Bank's Country Partnership Strategies, which reference the losses in terms of gross domestic product (GDP). In Latin America and the Caribbean, for example, losses due to crime and violence have been estimated at 9 percent of GDP in Honduras, 7.7 percent in El Salvador, and 3.6 percent in Costa Rica. In sectors such as clothing assembly, international purchasers can shift know-how and capital quickly to

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