It is costing Caribbean nations a combined US$190 billion to deal with the effects of crime and violence, an official at the Inter-American Development Bank (IDB) has revealed. Jason Wilks, senior sector specialist at the IDB, says this accounts for 3.7 per cent of gross domestic product for countries in the Caribbean. Despite this, Wilks said Caribbean countries are spending “maybe US$15 billion to US$20 billion” on compliance. Read more