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Crime in Panama: homicide, assault, robbery, theft and white-collar crime

In this episode of Beasley Finds, we explore the important aspect of crime when considering a relocation to Panama. As one of the most crucial factors for individuals and families, understanding the level of crime in a country is essential for making informed decisions. Join us as we compare crime in Panama versus the United States, providing valuable insights and statistics to help you assess the safety of these two nations. Panama, a small country roughly the size of South Carolina, offers an interesting perspective for comparison. Due to its size, it can be compared to various states or metropolitan areas in the United States, offering a comprehensive analysis depending on the chosen location. It's important to note that the crime data presented in this video focuses on reported crime, but it's worth considering that there is also a significant amount of unreported crime in both countries. To provide reliable information, we rely on reputable sources such as the United Nations Office on Drugs and Crime (UNODC). Their data on homicide, theft, and white-collar crime allows us to delve into these categories and draw comparisons between Panama and the United States. Homicide rates serve as a widely-used indicator of violent crime, and while the overall global homicide rate has decreased over the past 25 years, it's important to understand the regional and country-specific context. According to UNODC data, both Panama and the United States fall into the same category on the homicide heat map, indicating a rate between 1.1 and 10 killings per 100,000 people in 2017. While Panama and the United States fare relatively well compared to their neighbors in the Americas, the rates are still higher than those in many developed countries in Western Europe, where the homicide rate is below 1 per 100,000 people. Moving on to property crime, we examine theft, robbery, assault, and burglary rates. These types of crimes are common in both Panama and the United States. However, it's important to acknowledge that such crimes may go unreported or be underreported, affecting the reliability of the data. Nevertheless, based on available information, we observe that robbery rates are higher in Panama, while serious assault rates appear to be significantly higher in the United States. For burglary and theft, the United States has higher rates compared to Panama, indicating a higher prevalence of economic crimes not involving force or violence. Lastly, we delve into white-collar crime and corruption. White-collar crime refers to non-violent offenses committed for financial gain, such as fraud, embezzlement, and money laundering. These crimes often intertwine with criminal enterprises and corrupt individuals, eroding trust in legal and economic systems. While it's challenging to directly compare white-collar crime in Panama and the United States, both countries experience various forms of these crimes. The United States has seen notorious cases of financial fraud, while Panama has faced issues of money laundering and corruption, as highlighted in the Panama Papers leak. It's important to understand that crime rates and patterns can vary based on geographic location within a country. Concentrations of crime may exist in certain areas, while other regions maintain a higher level of safety. Researching and being aware of crime hotspots is crucial for individuals traveling or relocating to any country. Furthermore, we discuss the differences in legal systems between Panama and the United States. Panama follows a civil law system, relying on written laws and regulations, while the United States operates under a common law system based on judicial decisions. Each system has its own strengths and weaknesses, and we explore the role of judges, the presence of juries, and potential issues of corruption in both systems. Links to data: https://www.unodc.org/unodc/en/data-a... https://dataunodc.un.org/ https://worldjusticeproject.org/sites... https://worldjusticeproject.org/ https://www.pewresearch.org/fact-tank... https://data.worldbank.org/indicator/...   / the-panama-papers-tackling-transnational-w...   https://legacy.acfe.com/report-to-the... https://www.theguardian.com/news/2016... Time Codes 0:00-1:55 Intro 1:56-6:07 Homicide 6:08- 10:30 Economic Crime 10:31-12:28 Legal Systems Compared 12:29- 13:30 Conclusion