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4/2024
Economy and Crime
The Impact of Organized Crime on Income and Employment, and Strategies to Reduce Widespread Illegality
Organized crime not only destroys income and jobs but also takes human lives. We can combat it more effectively using artificial intelligence, provided we fully utilize available databases to predict the future actions of these organizations. Widespread illegality undermines our social fabric and diverts resources that could otherwise fund public goods. To tackle the issue of youth gangs, it is crucial to invest in schools and social spaces in peripheral areas. Additionally, providing legal sources of income to those in poverty is important. Our findings show that in already disadvantaged families, job loss or the costs associated with parenting push fathers towards crime. This is a crucial consideration for family support measures and social assistance programs.
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