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How Firms Cope with Crime and Violence: Experiences from around the World (Directions in Development)

Goldberg, Michael, Kim, Kwang W., Ariano, Maria

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ISBN 10: 1464801010 / ISBN 13: 9781464801013
Published by World Bank Publications, 2014
Used Condition: As New
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Title: How Firms Cope with Crime and Violence: ...

Publisher: World Bank Publications

Publication Date: 2014

Book Condition:As New

About this title


Crime and violence inflict high costs on the private sector―costs that are rising globally, according to the World Bank’s Enterprise Surveys, discussions with chambers and associations, and the Bank’s Country Partnership Strategies, which reference the losses in terms of gross domestic product (GDP). In Latin America and the Caribbean, for example, losses due to crime and violence have been estimated at 9 percent of GDP in Honduras, 7.7 percent in El Salvador, and 3.6 percent in Costa Rica. In sectors such as clothing assembly, international purchasers can shift know-how and capital quickly to less violent destinations, while other sectors such as extractive industries are more likely to stay despite rising violence. Behind the statistics are human costs: lost jobs; shifting of businesses’ working capital from productive uses to security firms; and an increase in contraband, fraud and corruption, and “rule of law” issues.
In this book, original case studies from Brazil, Colombia, Jamaica, Mexico, Nepal, and Rwanda illustrate the specific challenges to businesses and the coping mechanisms that firms and groups of firms have used successfully against crime and violence. The book’s findings have implications for the private sector, governments, and the World Bank’s efforts to support both under difficult circumstances.


'Adaptability is the hallmark of firms in the private sector, as business leaders constantly confront an array of challenges: gaining access to finance and raw materials, keeping up with changing production techniques, and recruiting and retaining staff. But how do companies adapt to threats like crime and violence? Knowing more about the range of choices that business managers must weigh, as they try to make rational decisions in fragile countries and conflict-ridden situations, is important to delivering effective support to them - especially the kind of analytical, technical and financial support that the World Bank can provide. To help learn more about how the private sector responds to crime and violence, How Firms Copy with Crime and Violence draws on detailed case studies and examines the wide range of alternatives that decision-makers face. Managers facing conflict situations must consider options like closing their operations; intensifying their security measures; uniting with their business rivals to fight crime; or working with governments and civic groups to overcome the root causes of violence. Crime and violence now disrupt the economic landscape in many countries. Governments, private-sector associations, and international organizations need to understand how business leaders deal with such threats. How Firms Cope with Crime and Violence outlines various decision-making strategies - and thus enhances our knowledge of business' ability to build thriving firms, create long-term wealth and promote civic cohesion.'. --Dr. John Hamre, President of the Center for Strategic and International Studies

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