Cost of global violence hits more than $10 trillion

Not a degrowth article but not unrelated and I thought important to circulate.

June 20, 2014 – 6:00 am ET

The economic cost of global violence during 2013 exceeded $10 trillion Australian ($9.4 trillion), an increase of more than $179 billion since 2012, the annual Global Peace Index has found. The economic impact of dealing with violence in Australia, alone, came to nearly $40 billion, SBS reported. The United States spent 10% of its gross domestic product on containing violence, while Australia and the United Kingdom spent 4% and almost 5%, respectively.

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