
Episode 349: Latin America's Violence Economy: Inequality, Growth, and State Capacity with Irvin Waller
In this episode of The International Risk Podcast, Dominic Bowen speaks with Irvin Waller about the often-overlooked role of interpersonal violence as a driver of international risk. While violence is frequently treated as a domestic issue, this conversation explores how high levels of homicide and violent crime can shape economic performance, weaken governance, and contribute to broader regional instability, particularly across Latin America and the Caribbean.
The episode considers the wider implications of violence for economic development and governance. With crime and violence estimated to cost countries in Latin America between 3–4% of GDP annually, the discussion highlights how reducing violence can generate significant economic gains, improve investment environments, and strengthen institutional trust. The role of governments, international organisations, and the private sector in supporting prevention-based approaches is explored in depth.
Irvin Waller is Professor Emeritus of Criminology at the University of Ottawa and a globally recognised expert on violence prevention and victims’ rights. He is the author of Science and Secrets of Ending Violent Crime (2019), which outlines how countries can achieve significant reductions in violence through targeted and evidence-based strategies.
The International Risk Podcast brings you conversations with global experts, frontline practitioners, and senior decision-makers who are shaping how we understand and respond to international risk. From geopolitical volatility and organised crime, to cybersecurity threats and hybrid warfare, each episode explores the forces transforming our world and what smart leaders must do to navigate them. Whether you’re a board member, policymaker, or risk professional, The International Risk Podcast delivers actionable insights, sharp analysis, and real-world stories that matter.
The International Risk Podcast is sponsored by Conducttr, a realistic crisis exercise platform. Conducttr offers crisis exercising software for corporates, consultants, humanitarian, and defence & security clients. Visit Conducttr to learn more.
Dominic Bowen is the host of The International Risk Podcast and Europe’s leading expert on international risk and crisis management. As Head of Strategic Advisory and Partner at one of Europe’s leading risk management consulting firms, Dominic advises CEOs, boards, and senior executives across the continent on how to prepare for uncertainty and act with intent. He has spent decades working in war zones, advising multinational companies, and supporting Europe’s business leaders. Dominic is the go-to business advisor for leaders navigating risk, crisis, and strategy; trusted for his clarity, calmness under pressure, and ability to turn volatility into competitive advantage. Dominic equips today’s business leaders with the insight and confidence to lead through disruption and deliver sustained strategic advantage.
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