Organized Crime and Economic Growth: Evidence from Mafia Infiltrated Municipalities in Italy
HOSTING ORGANIZATIONS:
When it comes to combating crime and homicide in Latin America and the Caribbean (LAC) —home to 41 of the 50 most dangerous cities in the world—policymakers have few tested tools at their disposal. Although evidence is scarce, recent efforts to produce rigorous research is helping to broaden our understanding of what works in reducing violence and crime in the region.
The Becker Friedman Institute (BFI) at the University of Chicago, Princeton University, and Innovations for Poverty Action are pleased to announce the launch of a new series focusing on violence and crime in Latin America and the Caribbean. This monthly series aims to shed light on novel innovative research on violence and crime in the LAC region and its policy implications.
This webinar series is held in both English and Spanish. Translation from English to Spanish and vice versa is provided.
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The infiltration of political institutions by organized crime is a serious problem in many countries in Latin America and the Caribbean. Could these ties between criminal organizations and institutions be an obstacle for economic growth? Evidence on the effects of a policy that removed (allegedly) corrupt city councils and mayors from municipalities in Italy gives us some insights on the potential of anti-corruption policies to contribute to economic development.
In this webinar, Alessandra Fenizia (George Washington University), presented her research on the effects of city council dismissals on economic activity in the municipalities in which it was implemented in Italy. Gianmarco Daniele (University of Milan) commented on the implications of this research. A 10-minute Q&A followed the presentations.