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How firms cope with crime and violence - experiences from around the world (Paperback)
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How firms cope with crime and violence - experiences from around the world (Paperback)
Series: Directions in development
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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 less violent destinations, while other sectors
such as extractive industries are more likely to stay despite
rising violence. Behind the statistics are human costs: lost jobs;
shifting of businesses working capital from productive uses to
security firms; and an increase in contraband, fraud and
corruption, and rule of law issues. In this book, original case
studies from Brazil, Colombia, Jamaica, Mexico, Nepal, and Rwanda
illustrate the specific challenges to businesses and the coping
mechanisms that firms and groups of firms have used successfully
against crime and violence. The book s findings have implications
for the private sector, governments, and the World Bank s efforts
to support both under difficult circumstances."
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