The economic cost of violence is now equivalent to 10 percent of Brazil’s Gross Domestic Product (GDP)
On July 30th, IEP held its first ever launch of the Global Peace Index in Brazil, bringing together senior experts from academia, civil society, government and the private sector. This session, entirely in Portuguese, was moderated by Renahan Gil and led by IEP’s Research Fellow Paulo Pinto. Paulo shared highlights from the Index and provided further context for measures of peacefulness in Brazil.
Patricia Ellen da Silva, Secretary of Economic Development, Science and Technology from the Government of the State of São Paulo, provided expert commentary on the underlying socio-economic causes of violence in Brazil. Carlo Pereira, Executive Director of the Global Compact Network in Brazil reinforced the need for integrated action across sectors and ongoing leadership from the private sector. Carolina Ricardo, Executive Director of Sou da Paz, provided further insight into connections between gun violence and recent legislative action.
Watch the webinar below to learn more.
Brazil is currently ranked 116th on the Global Peace Index, falling ten places in 2019. Although it deteriorated in all three domains, it did so most notably in Ongoing Conflict, where it dropped 24.7 per cent. Violence between organised crime groups, levels of political polarization, attacks on political figures and violent crime were all contributing factors in a country where the economic cost is now equivalent to 10 percent of its Gross Domestic Product (GDP).