The figures are strikingly clear: out of the seven regions of the world, Latin America stands out as the most violent. “Per capita homicides in Latin Americans are five times higher than in the U.S., ten times more than Asia, making it an objectively violent region,” said Carlos Felipe Jaramillo, Vice President for the Latin America and the Caribbean Region of the World Bank. The Bank’s research has revealed that the costs associated with crime and violence in the region amount to a staggering 8% of GDP per year. “We are fully aware of this; and it is not just a law enforcement issue. It is also a developmental issue. It impacts people, investment, and growth. We need to do […]
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The post Three Vital Challenges: Violence, Education and Productivity. Interview with the World Bank’s Vice President for Latin America and the Caribbean appeared first on Latin Trade.