Terrorism & Its Impact On Foreign Flows: Lessons From Pakistan

Javed Iqbal and Sultan Mehmood

MPRA Paper from University Library of Munich, Germany

Abstract: High terrorist attack frequency and intensity in Pakistan provides a unique data to study the impact of terrorism on foreign inflows and trade. After 9/11, Pakistan has suffered from rapidly decreasing foreign inflows and a contraction in trade. The paper estimates the unit cost of a terrorist attack in terms of foreign inflows and international trade lost to be $51.92 million.

Keywords: Terrorism; trade; foreign inflows; unit cost (search for similar items in EconPapers)
JEL-codes: C01 F24 (search for similar items in EconPapers)
Date: 2012-11-29, Revised 2012-12-04
New Economics Papers: this item is included in nep-cwa
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