The price of terrorism

Jacques Fontanel () and Michael Ward
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: Terrorism is a premeditated act in order to create a climate of terror and to influence the international or national policy. The immediate costs of the terrorist attack are very difficult to calculate, because theirs economic consequences are in the short, medium and long runs. There are a lot of indirect costs of the September attack against the Twin towers, which conduce to an aggravation of the recession, new budget choices, new strategic and tactic arms and defence systems. Moreover, this attack is the principal cause of the war against global terrorism, the speculation on petroleum and energy and insecurity of the international system.

Keywords: Terrorism; cost of terrorism; war; destructions; Terrorisme; coût du terrorisme; guerre (search for similar items in EconPapers)
Date: 2003-01
Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03021415v1
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Published in [Research Report] RECEP, Institut Economique de la Transition de Moscou et Université Pierre Mendès France, Grenoble. 2003

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