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Mexico ranked as world’s third most dangerous country due to drug trafficking: Report

March 23, 2017  |  Posted by: Francesca Falzarano
Mexico ranked as world’s third most dangerous country due to drug trafficking: Report

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Verisk Maplecroft, a consulting firm, assembled a Crime Rate Index for 2016, and Mexico is listed as the third most dangerous country across the globe.

On its the Verisk Maplecroft website, the firm refers to itself on its site as “a leading global risk analytics, research and strategic forecasting company offering a portfolio of risk solutions.”

Verisk Maplecroft Top Ten Most Dangerous Countries, which are described as “extreme risk,”  released at the end of 2016 are listed below:

1. Afghanistan
2. Guatemala
3. Mexico
4. Iraq
5. Syria
6. Honduras
7. Venezuela
8. El Salvador
9. Somalia
10. Pakistan

In the list put forth, five extreme risk countries are located in the Middle East, while the remaining five are in Latin America.

According to the statistics, Mexico is ahead of conflict-ridden countries such as Syria and Iraq.

The military in Iraq is currently engulfed in conflict with the Islamic State, while Syria is entangled in a civil war with various groups (one of which includes ISIS).

The murder rate in Mexico has been drastically increasing in recent years.

Verisk Maplecroft attributes Mexico’s dangerous status to horrific violence unleashed by drug trafficking organizations.

According to an explanation on the company’s website: “In Mexico and Central America, the prevalence of drug trafficking organizations [DTOs] is the major driver of crime, which is estimated to cost these countries up to $200 billion a year. The presence of DTOs has spurred the world’s highest levels of violent crime, as groups fight for territory and control of drug routes to consumers.”

Drug cartels are continuing to expand, adding diversity their criminal enterprises. Verisk Maplecroft reported that “The rise in the production of methamphetamines in Central America also indicates that groups are extending their networks beyond traditional locations like Mexico and the U.S.”

The company also noted that because of the near daily occurrences of kidnapping, extortion, and robberies — much of the burden is placed on business owners who are forced to pay increased costs for insurance and security, while also taking losses for decreased productivity.

The firm added: “Nowhere is this more visible than in Latin America’s second largest economy, Mexico, where the cost of violence was $134 billion in 2015.

The country’s homicide rate of 17 per 100,000 inhabitants in 2015 places it in the top 25 in the world, while there have more than 26,000 disappearances since 2007.

The overwhelming proportion of crime in Mexico is focused on the highly lucrative drug trade, which has serious consequences for the law, due to the corruption of the government, judiciary and local police forces by powerful drug trafficking organizations.”

Verisk Maplecroft Mexico Analyst, Grant Sunderland, said: “President Peña Nieto’s early security gains have unwound, and homicide rates have begun rising. With security forces facing budget cuts, a deterioration in the security is likely, leaving investors exposed to risks such as extortion, theft and the kidnapping of personnel.”

In regards to Latin American in general, Verisk Maplecroft describes the region as “…the world’s highest risk region for violent crime, due to the prevalence of DTOs, kidnapping, extortion, and robbery across 11 countries, including in its four largest economies, Brazil, Mexico, Argentina, and Colombia. ”

“Weak political institutions, drug trafficking and ineffective police and security forces see conflict-ridden Afghanistan topping Verisk Maplecroft’s list. However, as home to six of the 13 countries rated ‘extreme risk,’ Latin America ranks as the world’s highest risk region.”

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