Crime and municipal violence reduce economic activity to 0.4%

Crime and municipal violence reduce economic activity to 0.4%

Mexico City. Crime and violence impedes the growth of countries, since a 10 percent increase in homicides at the municipal level reduces economic activity to 0.4 percent, said Raphael Espinoza, deputy head of the Central America division of the International Monetary Fund ( IMF). These data correspond to statistics collected in municipalities located next to … Read more