Difference between revisions of "Economic impact of security threats"
Jump to navigation
Jump to search
| Line 5: | Line 5: | ||
* The [[comprises::Economic effects of crime|costs and effects of crime]] touch just about everyone to some degree. The ultimate cost of crime is the loss of life, but other major costs to victims of crime include medical costs, property losses, and loss of income. |
* The [[comprises::Economic effects of crime|costs and effects of crime]] touch just about everyone to some degree. The ultimate cost of crime is the loss of life, but other major costs to victims of crime include medical costs, property losses, and loss of income. |
||
| − | * After a big terrorist event, one can read frequently about the economic damage of the event on the local economy such as after the London Bombings in 2005 or the September 11 attacks in New York. Due to the significant [[Economic effects of terrorism|costs and effects of terrorism]], knowledge about this theme is of major relevance for any urban planner. |
+ | * After a big terrorist event, one can read frequently about the economic damage of the event on the local economy such as after the London Bombings in 2005 or the September 11 attacks in New York. Due to the significant [[comprises::Economic effects of terrorism|costs and effects of terrorism]], knowledge about this theme is of major relevance for any urban planner. |
Put differently, the economic impact of security threats (crime & terrorism) can be significant and explains why economists and related scholars increasingly analyzed the economic impact of crime and terrorism. |
Put differently, the economic impact of security threats (crime & terrorism) can be significant and explains why economists and related scholars increasingly analyzed the economic impact of crime and terrorism. |
||
| Line 17: | Line 17: | ||
==Related subjects== |
==Related subjects== |
||
The economic impact of security threats are closely related to: |
The economic impact of security threats are closely related to: |
||
| − | * The [[economic effects of security measures]] |
+ | * The [[is synonymous to::economic effects of security measures]] |
| − | * The [[The economics of criminal and terrorist behaviour|economics of terrorist and criminal behaviour]] |
+ | * The [[is synonymous to::The economics of criminal and terrorist behaviour|economics of terrorist and criminal behaviour]] |
{{references}} |
{{references}} |
||
Revision as of 15:38, 27 November 2012
Contents
Economic impact of security threats
Crime and terrorism are a major part of every European society. The types of costs and economic effects of crime and terrorism are widely varried and will be referred to as economic impact of security threats.
The Relevance for Urban Planners
- The costs and effects of crime touch just about everyone to some degree. The ultimate cost of crime is the loss of life, but other major costs to victims of crime include medical costs, property losses, and loss of income.
- After a big terrorist event, one can read frequently about the economic damage of the event on the local economy such as after the London Bombings in 2005 or the September 11 attacks in New York. Due to the significant costs and effects of terrorism, knowledge about this theme is of major relevance for any urban planner.
Put differently, the economic impact of security threats (crime & terrorism) can be significant and explains why economists and related scholars increasingly analyzed the economic impact of crime and terrorism.
Groups of economic impact of security threats
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 closely related to:
- The is synonymous to::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.
MAP
<websiteFrame> website=http://securipedia.eu/cool/index.php?wiki=securipedia.eu&concept=Economic_impact_of_security_threats height=1023 width=100% border=0 scroll=auto align=middle </websiteFrame>
<headertabs/>
