Title: How Income Inequality Affects Crime Rates - Financesonline.com
Headings: How Income Inequality Affects Crime Rates
How Income Inequality Affects Crime Rates
Income Inequality as Determinant of Crime Rate
Wealth Gaps and Crime Rate
The Role of Income Inequality Reduction
By Allan Jay

Content: Nationwide in 2010, there were an estimated 1,246,248 violent crimes, with robbery accounting for 29.4 percent of this category, costing $532 million in total, or an average loss of $1,258 per victim. Property crime numbered at 9,082,887. Homicide. The same UNODC report showed that the 2012 worldwide rate for intentional homicide, or the unlawful death purposefully inflicted on a person by another person, was at 6.9, or 7 out of every 100,000 population. There is low homicide levels in countries from Europe, Asia, and North America, which correspond to these regions’ criminal justice and public health data. In contrast, both criminal justice and public health data show significantly higher rates in South America, Central America, the Caribbean, and Southern Africa. Murder. In the offense of murder, income inequality and crime level can be noted as reciprocal in trend. Again, countries in the high income inequality belt in the African region, Honduras (91.6), El Salvador (69.2), Jamaica (52.2), Belize (41.4) and South America (Venezuela 45.1) have the highest rates per 100,000 population, while countries in Europe (Monaco 0, Iceland 0.3, Norway 0.6), Oceania (Palau 0), Eastern Asia (Hong Kong 0.2, Singapore 0.3) have the lowest. Per country, Mexico which ranks worst in income inequality has a very high 22.7 rate, compared to the U.S. with a much lower rate of 4.8.