www.HopeandHelpCenter.org
Crime and community development policy event
Did you know that worsening economic conditions increase the attractiveness of criminal activity because the opportunity cost of committing a crime (foregoing employment, wages, etc...) is reduced?
Changes in economic conditions and deterrence affect property crimes more than they affect violent crimes. Have you heard about the latest property crime -- stealing the catalytic converter right from out under your vehicle?
In the wake of real estate market upheaval and in light of current economic conditions (rising unemployment rates), what policy options and practical actions can we expect in relation to crime, deterrence to crime, and neighborhoods?
You're invited to hear a panel discuss policy and practical actions about:
Local Crime and Local Business Cycles
The panelists will be: Gina Ryan, executive director, St. Louis Association of Community Organizations; Charles Bryson, director of public safety, city of St. Louis; James Gilsinan, professor of public policy studies, St. Louis University (narrator); Joe Thele, program manager, St. Louis Neighborhood Stabilization Team; Col. Jerry Lee, chief of police, St. Louis County Police Department; and Kitty Ratcliffe, president, St. Louis Convention and Visitors Commission.
Wednesday, October 29, 2008
8 a.m. to noon
Federal Reserve Bank of St. Louis Gateway Conference Center
One Federal Reserve Bank Plaza
(Broadway and Locust Street)
St. Louis, MO 63102
The program runs from 9 a.m. to noon, with registration and continental breakfast from 8 a.m. to 9 a.m.
strong>There is no charge to attend and this invitation may be shared with your associates. However, advance registration is required.
Why is this issue important to community development?
The more visible the crime is to residents, businesses, and tourists, the more likely it is to impede business relocation, tourist traffic, conventions, area development, etc. In light of the current economic conditions and foreclosure crisis, this concern is heightened as the glut of vacant, lender-owned homes grows. A new report from the Federal Reserve Bank of St. Louis looks at local business cycles in 23 major cities and how they influence crime rates. The report, written by Fed economist Thomas A. Garrett and senior research associate Lesli S. Ott, includes data for St. Louis. Rather focusing on long-run trends, the study looks at month-to-month changes in city economic conditions and crime. Register online by Oct. 24. For more information, contact Cynthia Davis at 314-444-8761 or cynthia.a.davis@stls.frb.org.
Thank you,MattMatthew AshbySenior Development SpecialistThe Federal Reserve Bank of St. LouisP.O. Box 442St. Louis, MO 63166Phone 314.444.8891Fax 314.444.8318
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