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The economic impact of violence in LAC

Subtitle: 
implications for the EU
Publication Name: 
EUISS ISSUE Briefs
Volume, number, page: 
16, pp.1-4.
Year of Publication: 
2017
Author(s): 
LUENGO-CABRERA José
Organization Name: 
European Union Institute for Security Studies
Acronym: 
EUISS
Publisher: 
EUISS
City: 
Paris
Country of Publication: 
France
ISBN or ISSN: 
2315-1110
Considered Countries: 
Brazil
Colombia
Guatemala
Mexico
Venezuela
El Salvador
Honduras
Jamaica
Category: 
Academic articles
Theme: 
BILATERAL RELATIONS UE - LAC
Subregion - European Union
Country - European Union
BIREGIONAL RELATIONS UE - LAC
Strategic Partnerships
BIREGIONAL DIALOGUES UE-LAC
Government
Civil Society
Cultural
Keyword(s): 
International Security
Regional Security
Security Co-operation
Latin America
Caribbean
European Union
Violence
Civil Society
Society
Conflict Prevention
Criminality
economic consequence
homicide
the EU's international role
Financial Co-operation
Abstract: 
In Latin America and the Caribbean (LAC) the costs arising from violence outweigh the expenditure devoted to preventing or containing it. To help address this, the Institute for Economics and Peace (IEP) has developed a model that measures both overt and hidden expenditures. In this report for the European Union Institute for Security Studies (EUISS), José Luengo-Cabrera suggests that the IEP model can serve as a benchmark for assessments of the cost-effectiveness of public security programmes, and inform decisions on optimising the levels of spending needed to contain violence. He also discusses the lessons of the model and its results for the EU.
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