Crime Limits Growth in Latin America, Says World Bank
Crime Limits Growth in Latin America, Says World Bank
A report from the World Bank brings a renewed focus to the impact of organized crime on economic development in Latin America and the Caribbean, highlighting the cyclical relationship between poverty and crime.
The World Bank’s most recent Latin America and the Caribbean Economic Review (LACER) predicts the region will have the slowest economic growth in the world in the next two years, growing 2.1% in 2025 and 2.4% in 2026.
While persistent poverty and reduced international aid continue to hinder progress, the report argues that organized crime is a key force exacerbating the region’s economic woes. (InSight Crime, USA, 12.05.2025)
https://insightcrime.org/news/crime-limits-growth-latin-america-says-world-bank