Difference between revisions of "Economic impact of security threats"

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= Economic impact of security threats =
  
= Economic impact of security threats =
   
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Economic scholars have analyzed the economic effects of:
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Economic scholars have analyzed the economic effects of both [[Economic effects of crime|criminal]] and [[Economic effects of terrorism|terrorist]] acts. According to Krugman (2004)<ref name="ftn13"> Krugman, P. (2004). ''The Nexus of Terrorism & WMDs: Developing a Consensus''. Princeton University.</ref>, the economic impact of terrorism is similar to the economic impact of crime, and can be divided into three groups:
  
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* both [[Economic effects of crime|criminal]] and
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* [[Economic effects of terrorism|terrorist]] acts.
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According to Krugman (2004)<ref name="ftn13"> Krugman, P. (2004). ''The Nexus of Terrorism & WMDs: Developing a Consensus''. Princeton University.</ref>, the economic impact of terrorism is similar to the economic impact of crime, and can be divided into three groups:
 
# The direct economic impact performed by criminal and terrorist acts on the urban object (buildings and infrastructure destroyed, productive lives ended).
  
# The direct economic impact performed by criminal and terrorist acts on the urban object (buildings and infrastructure destroyed, productive lives ended).
 
# The indirect economic impact (on the urban environment)such as effects on tourism, investments, consumption, trade, etc.).
  
# The indirect economic impact (on the urban environment)such as effects on tourism, investments, consumption, trade, etc.).

Revision as of 15:06, 28 March 2012

Economic impact of security threats

Economic scholars have analyzed the economic effects of:

According to Krugman (2004)[1], the economic impact of terrorism is similar to the economic impact of crime, and can be divided into three groups:

  1. The direct economic impact performed by criminal and terrorist acts on the urban object (buildings and infrastructure destroyed, productive lives ended).
  2. The indirect economic impact (on the urban environment)such as effects on tourism, investments, consumption, trade, etc.).
  3. Budget effects of preventive security measures against crime and terrorism such as money spent on national defense, airport security, and the police, in an attempt to prevent or forestall future criminal and terrorist events.

Related subjects

The economic impact of security threats are related to:

Footnotes and references

  1. ↑ Krugman, P. (2004). The Nexus of Terrorism & WMDs: Developing a Consensus. Princeton University.

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