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Terrorist Phenomenon’s Impact on the World Economy

Liviu Uzlau ()
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Liviu Uzlau: UNAP – Carol I

Hyperion Economic Journal, 2015, vol. 3, issue 1, 79-82

Abstract: “How much does terrorism cost?” is a question which will not be answered in a near future (short and medium term) in a relevant, practical and sweeping manner, because any estimation at this moment would cover only in a small measure the spent amounts and the inflicted costs of the phenomenon. These statistics are not precise, of course; they might be argued or even invalidated, because it is difficult to elaborate an objective situation regarding the real value of the attack expenditures or of the damage done. They are purely informative, highlighting a cruel reality: with a very small budget, huge damage may be done, and even a whole society might be paralyzed.

Keywords: terrorism; terrorist attack; attack cost (search for similar items in EconPapers)
JEL-codes: F51 H56 K42 (search for similar items in EconPapers)
Date: 2015
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Handle: RePEc:hyp:journl:v:3:y:2015:i:1:p:79-82