Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Domestic violence costs the world 25 times more than war and terrorism, according to research conducted by James Fearon of Stanford University and Anke Hoeffler of Oxford University on behalf of the Copenhagen Consensus Center.By looking at different kinds of violence, Fearon and Hoeffler find that the global costs of conflict including the economic toll of deaths from wars and terrorism, refugee-related outlays and general pecuniary damage add up to around 0.2 percent of global GDP each year.That figure is dwarfed by domestic violence. The cost of domestic violence adds up to an astonishing 5.2 percent of global GDP each year. More than 30 researchers, including Nobel laureate Finn Kydland, examined a host of local issues ranging from the indebtedness of ultrapoor farmers to educational quality, tuberculosis rates and adolescent mental health.Among these important issues, two of the top-10 policies that we identified dealt with domestic violence.Now, consider that both of the programs in question have been shown to reduce domestic violence by around 55 percent, and that the benefits are estimated to last at least four years.
Keeping spotlight on challenge
Why gross domestic product still matters
It’s cheaper to talk than to cut emissions
FOLLOW THIS ARTICLE