Non-Environmental Cost-Benefit News
Economic Costs and Benefits of Combating Terrorism in the Transport Sector
04/29/05
Economic Costs and Benefits of Combating Terrorism in the Transport Sector
Countering the risks of terrorism imposes enormous costs. While it is impossible to remove completely the risk of terrorist attacks in the transport sector, measures designed to counter terrorism can add certainty and stability to the global economy, raise investor confidence and facilitate trade. Modelling suggests productivity losses associated with the increasing threat of terrorism can be more than offset by the positive effects of enhanced security. Nations have much to gain from cooperating to reduce the risk of terrorism.
Evanor Palac-McMiken1
Asian-Pacific Economic Literature via Blackwell www.blackwell-synergy.com
Volume 19 Issue 1 Page 60 - May 2005
doi:10.1111/j.1467-8411.2005.00158.x
http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-8411.2005.00158.x
http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-8411.2005.00158.x
http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-8411.2005.00158.x
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