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link between crime and growth based on the theory of rational choice and empirical data. Exogenous and endogenous growth …Crime is a major impediment to economic growth and development in Nigeria despite measures taken to reduce it. There is …, however, currently no major statistical analysis of how crime affects economic growth in that country. This study examines the …
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Economic analysis of crime and criminal law addresses the question of individual welfare (utility) maximization through … theoretical and empirical evidence on the nexus between crime and socio economic indicators. After which I test the hypothesis … towards economic growth, poverty alleviation and crime deterrence concomitantly. The results indicate a positive and …
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Crime in South Africa is high and widely believed to restrain investment. Nevertheless, both the mechanisms through … which crime constrains growth and the actions that might be taken to loosen its grip are poorly understood. In light of the … issues: (1) the costs of crime to business, especially household-based enterprises in low-income settlements, and (2) the …
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It has been argued that procedural formalism undermines economic efficiency by fostering rent-seeking and corruption. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the predictability of court decisions, which leads to more...
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