The cost of crime...

What does crime cost Mexico's businesses? According to a new survey published today by the INEGI, Mexico's statistical institute, insecurity and crime cost Mexico's businesses the equivalent of 0.75% of GDP last year. Nearly nine out of ten businesses that were victims of crime did NOT turn to the justice system: 88.1% of businesses did not report the crime or did not initiate an averiguacion previa. Nearly four of ten businesses (37.4%) reported that they were victims of crime in 2011. Three of four reported that they felt insecure.