Article HA5A Mafia neighbours are bad for business, new report finds

Mafia neighbours are bad for business, new report finds

by
Heather Stewart and Jordan Balls
from on (#HA5A)

Research into impact of organised crime groups on global economy found their presence in a region can reduce GDP per capita by 20%

When mafia bosses move in, it's bad news for the local economy as well as for law and order, according to academic research which suggests the presence of organised crime in a region can slash GDP per capita by a catastrophic 20% over three decades.

A series of articles in August's Economic Journal brings together the latest research on the impact of organised crime groups on the global economy.

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