Tag: LGBT laws
Homophobia costs countries $100 BILLION a year
An economist has argued that homophobia and discrimination against the LGBT community costs countries up to $100 billion a year.
UNAIDS researcher Erik Lamontagne found that nations with the most oppressive LGBT laws lose more in economic terms.
“More than the cost itself, it’s the share of the cost of homophobia that is high. The cost, as a share of the GDP, is disproportionately higher in more homophobic settings,” Mr Lamontagne told Humanosphere.
Due to limited data, the figure is a conservative...
