Economics of Crime in Latin America

Luis Cubeddu is Deputy Director at the International Monetary Fund, USA.Raphael Espinoza is Deputy Division Chief at the International Monetary Fund, USA.Niels-Jakob Hansen is a Senior Economist at the International Monetary Fund, USA.

• 1. The Economics of Violent Crime in Latin America: An Overview.- Part I. The Economic, Institutional and External Drivers of Violent Crime.- 2. Unemployment, Crime, and Trade-Induced Job Loss.- 3. Revisiting the Economic, Institutional and External Drivers of Crime.- Part II. Quantifying the Economic Impact of Violent Crime.- 4. The Costs of Crime and Violence in Latin America and the Caribbean.- 5. Crime’s Dual Burden: Business and Fiscal Costs of Insecurity in Latin America and the Caribbean.- 6. Collateral Damage: New Evidence on the Effect of Homicides on Economic Activity at the Local Level.- Part III. The Human, Social, and Institutional Consequences of Violent Crime.- 7. Organized Crime in Latin America: Causes, Consequences, and Policy Responses.- 8. The Hidden Costs of Violence: How Crime Shapes Women’s Labor Market Outcomes in Latin America.- 9. Looking Beyond Homicide Rates: Organized Crime Dynamics, Institutions and Development in Contemporary Latin America.- Part IV. Policy Responses to Crime.- 10. Criminal Malpractice: Why Cities Can’t Copy Their Way to Security.- 11. Strategies to Reduce Crime.- 12. The Criminal Economy: Tracking the Dirty Money That Fuels Transnational Organized Crime.