Using a panel of developed and developing countries, we investigate whether a country's investment and economic growth rate are negatively related to its violence level. Using GMM and Arelano-Bond procedures we found that violence is a strong deterrent to investment and thus hinders economic...

Latin American and Caribbean countries are world leaders in intentional homicide rates. Our estimates suggest that the intentional homicide rate in the Latin America and Caribbean region is 40 percent higher than the average for the rest of the world. The intentional homicide rate for a group of...