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Significance

This is the first programme of its kind launched by the IDB, following on from plans for a regional security alliance announced in August. The moves highlight the IDB’s new aim of coordinating public policies and resource mobilisation to reduce the economic and social impact of organised crime.

Impacts

The policy shift comes as IDB President Ilan Goldfajn seeks to set a new direction at the Bank.

Goldfajn’s efforts at ‘cultural change’ at the Bank could risk alienating some stakeholders.

Success in improving security cooperation could help to reduce deforestation linked to illicit economies such as illegal logging and mining.

Better mapping of intercontinental criminal relationships could lead to more prosecutions in Europe and the United States.

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