The Economic Repercussions of Terrorism

The Economic Repercussions of Terrorism

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The Economic Repercussions of Terrorism offers a theoretical overview of the economics of terrorism and provides a detailed evaluation of the costs of terrorist attacks, focussing in particular on the Madrid bombings of 2004. This edited volume presents the findings and opinions of members of the 'Chair of the Economics of Terrorism', a multi-disciplinary research centre of the Complutense University of Madrid that was set up in the wake of the Madrid bombings to assess the economic impact of those attacks. Divided into three parts, Part One offers a theoretical overview of the economics of terrorism including an analysis of the roots of terrorism, terrorist financing, the economic consequences of terrorism, and the predatory war economy. Part Two provides an in-depth analysis of the direct and indirect economic costs of terrorist attacks, looking at the security and defence responses, and offering industry sector analyses. Part Three explores the 'other costs' of terrorism, such as the impact of attacks on a government's popularity, and the possibility that terrorists use 'inside information' on attacks to play the stock market. While the focus of the book is centred on the Madrid bombings themselves, the authors have widened its scope to include comparisons with 9/11 and the London bombings of 7/7.In some countries, especially those which have suffered terrorism over a long period, the Government shares or assumes the ... It was expected to expire in 2005, but in December 2007 it was extended until 2014. ... In general, OECD countries are concerned about the introduction of incentives for firms to extend their cover and increase compensation mechanisms. ... Other countries: Australia , Austria, Finland, France, Germany, Israel, Namibia, Holland, Russia, South Africa, Spain, anbsp;...

Title:The Economic Repercussions of Terrorism
Author: Miguel Buesa Blanco, Thomas Baumert
Publisher:Oxford University Press, USA - 2010

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