Difference between revisions of "Economic impact of security threats"
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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: |
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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| − | # 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/environment (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.). |
# 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. |
# 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. |
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Revision as of 16:11, 3 May 2012
Contents
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:
- The direct economic impact performed by criminal and terrorist acts on the urban object/environment (buildings and infrastructure destroyed, productive lives ended).
- The indirect economic impact (on the urban environment) such as effects on tourism, investments, consumption, trade, etc.).
- 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:
- The economic impact of urban planning
- The economic effects of security measures
- The economics of terrorist and criminal behaviour
Footnotes and references
- ↑ Krugman, P. (2004). The Nexus of Terrorism & WMDs: Developing a Consensus. Princeton University.
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