These papers enhance our understanding of numerous aspects of the terrorism problem. Andrew Haughwout, Papers in Regional Science The Economic Impact of Terrorist Attacks exposes the reader to a healthy sampling of the current approaches that researchers have taken in addressing a challenging set of economic problems. Jared C. Carbone, Journal of Regional Science Knowledgeably compiled and expertly co-edited by the team of Harry W. Richardson, Peter Gordon and James E. Moore II, The Economic Impacts of Terrorist Attacks is a groundbreaking study of the extensive damage done to the American economy as a result of terrorism with a particular focus on the attacks in 2001. . . very highly recommended to students of politics, economics, and the present war on terrorism . The Midwest Book Review Focussing on the economics of terrorism in the post 9/11 world, this book brings together original research based on the collaborative efforts of leading economists and planners. The authoritative and expert contributors use a variety of methodological approaches and apply them to different types of terrorist attacks (on airports, highways, seaports, electric power infrastructure, for example). They also draw analogies between man-made and natural disasters. The results suggest that these issues are extremely complex and that the economic costs of some types of attack are huge, but that increased understanding and estimation can be used to justify resource investments in prevention, mitigation and response. A primary aim of the book is to contribute to developing more cost-effective anti-terrorist policies. Scholars and researchers in the fields of transportation, public sector economics, urban planning, disaster prevention, mitigation and management, and engineers will find The Economic Impacts of Terrorist Attacks a major contribution to a new and rapidly expanding research area.
This volume raises many important questions and is a valuable addition to the empirical literature on the economics of terrorism. Individuals charged with thinking about the design of appropriate counterterrorism and disaster management strategies will want to read this book. Highly recommended. J.H. Turek, Choice This landmark book covers a range of issues concerning the consequences of terrorist attacks. Beginning with a discussion of new policies and strategies, it then delves into specific areas of concern, modeling a range of possible scenarios and ways to mitigate or pre-empt damages. Top researchers from around the world discuss issues such as: airport security, urban terrorism, Coast Guard operations, and the need to balance freedoms with security. New policies for deterring terrorism are also proposed. Later chapters model the economic impacts of terrorist attacks on the food industry, major US ports, and US theme parks. The final chapters provide an in-depth look at the effects of interruptions to electricity supply and how to improve resiliency. Using specific locations and situations, the volume details in a concrete way the long and short-term economic effects of possible future attacks. The cutting-edge research and provocative conclusions make this a must-read for policymakers, public sector economists, urban planners, aviation officials, insurance industry analysts and those charged with disaster management.
This book analyzes the effects of economic, social, and political disruptions that have come with integration into the global economy for countries in five different regions and the developing world as a whole. One consequence of such disruptions is increased levels of terrorism in many countries. In addition, the effects of terrorism on economic activities were measured. Although the patterns vary for the regions, there is no doubt that connections exist. Political links with outside countries have mitigated some of the negative consequences of entering into greater contact with other countries. There is less evidence that the increased terrorism from these disruptions has had negative effects on foreign investment and tourism. This volume will provide essential materials for researchers and students interested in the connections between globalization and terrorism and between terrorism and accompanying negative economic consequences.
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