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ID080436
Title ProperEconomic cost of crime in Chile
LanguageENG
AuthorOlavarria-Gambi, Mauricio
Publication2007.
Summary / Abstract (Note)This study estimates that the economic cost of crime in Chile, using the accountancy method, is $1.35 billion as at 2002; that is, this cost is equivalent to 2.06% of Chile's GDP. Crimes included in the estimation are murder, robbery, larceny-theft, burglary, wounding, rape and sexual assaults, domestic violence and economic felonies such as fraud, forgery and so on. Consequential costs are the most important, representing 68% of the total cost of crime. Government spending represents 23% of the total and anticipatory cost account for the remaining 9%. Chile presents higher level of crime than most developed countries - though less than most developing nations - but government's spending on citizen's security is considerably lower than that of the US and several other European countries
`In' analytical NoteGlobal Crime Vol. 8,No. 4; Nov 2007: p287-310
Journal SourceGlobal Crime Vol. 8,No. 4; Nov 2007: p287-310
Key WordsCost of Crime ;  Burden of Delinquency ;  Investments in Public Security