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Global Encyclopedia of Public Administration, Public Policy, and Governance pp 1–12Cite as

Economic Cost of Crime

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Synonyms

Economic burden of crime

Definition

Economic consequences for people and society of the actions that try to avoid crime victimization events, of the occurrence of crime, and of the efforts aimed at identifying the perpetrators and assign them penalties through the legal system.

Section

Latin America and the Caribbean

Introduction

The negative consequences of crime and violence have a very wide scope, since they affect the people’s prospects of life, the social relations within communities, the countries’ institutionality, the political and economic system, the development goals of nations, and their international relations, because recurrently the action of criminal bands goes over States’ boundaries, criminal practices are exported, and they are rapidly assumed by local criminals.

Studies of the costs of crime and violence are very useful because together with the indicators of the incidence of victimization, an integrated vision and higher degrees of certitude provide...

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Author information

Authors and Affiliations

  1. Universidad de Santiago de Chile, Santiago, Chile

    Mauricio Olavarría-Gambi

Authors
  1. Mauricio Olavarría-Gambi
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Corresponding author

Correspondence to Mauricio Olavarría-Gambi .

Editor information

Editors and Affiliations

  1. Florida Atlantic University, Boca Raton, Florida, USA

    Ali Farazmand

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Olavarría-Gambi, M. (2017). Economic Cost of Crime. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3183-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_3183-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-31816-5

  • Online ISBN: 978-3-319-31816-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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