Public Safety: The Cost of Living Dangerously

John Price

Chapter Chapter 14 in Can Latin America Compete?, 2008, pp 271-293 from Palgrave Macmillan

Abstract: Abstract Public safety is rarely cited as a competitiveness issue but rather a quality of life indicator. Yet, if a nation’s competitiveness hinges on its ability to attract and retain talented people and investment capital, then violence is a decisive factor. More than any other reason, it is the threat to family safety that has driven offshore the brightest minds and their capital from Latin America over the last two decades since violent crime began to escalate in the 1980s. Homicide rates in Latin America are the highest of any region in the world. From the early 1980s through the mid-1990s, intentional homicide rates in Latin America increased by 50 percent.1 Two-thirds of homicide victims are teenage boys aged 15 to 19, a disturbing reality that robs the region of its future.

Keywords: Foreign Direct Investment; Organize Crime; Mexico City; Police Force; Public Safety (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-61047-7_15

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DOI: 10.1057/9780230610477_15

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