Venezuela, Guatemala and Honduras are the Most Dangerous Places in Latin America; Costa Rica, Chile and Uruguay Remain the Safest
FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, has published the 2014 Latin America Security Index. This Index analyzes current security levels in Latin American and Caribbean countries and is principally directed at companies and executives who conduct business in the region. Of the 19 countries identified in this ranking, the Latin America Security Index finds that Venezuela, Honduras and Guatemala are the most dangerous countries in Latin America, while Costa Rica, Chile and Uruguay remain the safest.
“Over the past decade, Latin America has mostly demonstrated strong economic growth with better integration, more commitment to the weakest social sectors and with more entrenched democratic governments,” said Frank L. Holder, Chairman of Latin America for FTI Consulting and author of the Latin America Security Index. “However, social mobility and inclusion has not eliminated the scourge of public insecurity. It remains, together with organized crime, money laundering, corruption and drug trafficking, paramount on regional government agendas.”
The Latin America Security Index provides rankings from one to five, with one representing a very safe country and five representing a very dangerous country. It highlights that organized crime and extreme violence surrounding the activities of drug cartels and the movement of drugs from production to consumer markets continues to be a major source of public insecurity in parts of Central America and Mexico. The Index notes that social and political unrest has become a factor for some of the more troubled economies, such as Venezuela. The Latin America Security Index also observes that despite significant investment that has led to marked improvements in some countries such as Colombia and Brazil, they have seen a resurgence of crime that has been difficult to control.
Since 2007, FTI Consulting has provided its clients with the Latin America Security Index with the objective of minimizing potential risks related to security issues in the region. The ratings are based on official numbers from public security secretariats, local police, governments, non-governmental organizations and institutes of crime investigations.
About FTI Consulting
FTI Consulting, Inc. (fticonsulting.com) is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,200 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.65 billion in revenues during fiscal year 2013.