Poverty and crime appear to be statistically related, though it has proved difficult to demonstrate that poverty is a causal factor in crime. The greatest evidence to support an association between poverty and crime is the fact that they are both geographically concentrated. Studies by the UN and the World Bank both rank crime as a significant impediment to a country’s development. Governments often have to address the issues of crime when planning their economy or social engineering. The presence of crime prevents businesses from achieving optimal success and creates an environment of instability and uncertainty, at both micro- and macroeconomic levels. This fact remains true to markets of all sizes, including national, regional, municipal and neighborhoods.

Since the Great Recession of 2008–2009 (and Global Economic ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles