Rejecting violence, embracing peace have economic dividends –

Posted on May 27, 2011

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Rejecting violence, embracing peace have economic dividends – Hawaii Editorials – Staradvertiser.com.

Frédéric Bastiat famously wrote, “Violence has disastrous consequences.” Most people understand that violence increases the cost of law enforcement and incarceration, but few realize how violence goes a step further to destroy productivity and slow the development of a country as a whole. So significant is the impact of violence in our communities that even the World Bank has identified reduction of urban violence as a top priority in achieving its millennium development goals. The bank’s Social Development Department noted in its recent “Violence in the City” report that “violence is inherently disempowering for communities. Violence destroys social networks and human capital and degrades the built environment.”

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