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South Africa: Raising South Africa s Economic Prospects By Curbing Crime

South Africa: Raising South Africa s Economic Prospects By Curbing Crime
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Crime Blocking South Africa s Economic Growth - World Bank Report

Crime Blocking South Africa s Economic Growth - World Bank Report
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Crime costs South African economy 10% of GDP annually – World Bank

The report aims to provide to a better understanding of the impact of crime on South Africa’s economic growth.

South africaJohn perlmanBenedicte baduelWorld bankSenior economistSouth africa economic updateSafety firstEconomic cost

APO Group - Africa Newsroom / Press release | Raising South Africa s Economic Prospects by Curbing Crime

Raising South Africa s Economic Prospects by Curbing Crime

World bankDistrict of columbiaUnited statesSouth africaMarie francoise nellyCyril ramaphosaWorld bank groupWorld bank countryRaising south africaEconomic prospectsCurbing crime thePresident cyril ramaphosaSouth africa economic updateSafety firstEconomic costGross domestic product

World Bank report: High cost of crime to SA

‘We find that the overall cost is at least 10% of GDP. It comprises of what we call transfer costs, which are the direct losses that households and businesses are suffering from theft and robberies, and that s about 3% of GDP,’ says Bénédicte Baduel, senior economist at the World Bank.

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