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South Africa: Raising South Africa's Economic Prospects By Curbing Crime allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Crime Blocking South Africa's Economic Growth - World Bank Report allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
‘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. ....