Organized Crime & Economic Growth: Evidence from Mafia Infiltrated Municipalities in Italy (English)

The infiltration of political institutions by organized crime is a serious problem in many countries in Latin America and the Caribbean. Could these ties between criminal organizations and institutions be an obstacle for economic growth? Evidence on the effects of a policy that removed (allegedly) corrupt city councils and mayors from municipalities in Italy gives us some insights on the potential of anti-corruption policies to contribute to economic development.

In this webinar, Alessandra Fenizia (George Washington University), will present her research on the effects of city council dismissals on economic activity in the municipalities in which it was implemented in Italy. Gianmarco Daniele (University of Milan) will comment on the implications of this research.

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