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Index ranks Mexico top three most dangerous countries in the world

December 6, 2016  |  Posted by: Francesca Falzarano
Index ranks Mexico top three most dangerous countries in the world

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A study conducted by a risk consultancy firm has ranked Mexico toward the top of the list of the world’s deadliest countries.

Verisk Maplecroft’s Criminality Index evaluates the level of risk to individuals, businesses, and economies caused by violent crime across 198 countries.

Only Afghanistan and Guatemala is ahead of Mexico on the list.

The index analyzes the widespread prevalence of organized crime, drug trafficking, abductions, extortion, robberies, and other criminal activities that either involve or lead to violence, E-Consulta reported.

Each country is assigned a numerical risk value ranging from 10, which is low risk, to 0, indicating high risk. Verisk Maplecroft also divides the countries it evaluates into several risk profiles, which ranges from low to extreme.

With a score of 1.17, the firm concluded that Mexico is a country of “extreme risk.”

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It found that the prevalence of drug trafficking organizations is the primary driver of the high crime rate in Mexico, as it is seen as a major hub for drug trafficking between South America and North America.

The drug cartels have also been engaged in a brutal turf war and for control of profitable drug smuggling routes into the U.S.

Moreover, the gangs are involved in near daily kidnappings, murders, extortion, and robberies, which increases the burden on businesses, which have to raise their investment in security and insurance.

Verisk Maplecroft determined that the cost of violence in Mexico was $134 billion during 2015.

With a murder rate of 17 per 100,000 residents in 2015 and over 26,000 kidnappings since 2007, “an overwhelming proportion of crime in Mexico is focused on the highly lucrative drug trade.”

“President Enrique Peña Nieto’s early security gains have unwound, and homicide rates have again begun rising,” the firm’s Mexico analyst stated.

“With security forces facing budget cuts, a deterioration in the overall security environment is likely, leaving investors exposed to risks such as extortion, theft and potentially the kidnapping of personnel,” Grant Sunderland warned.

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