TERRORIST PHENOMENON’S IMPACT ON THE WORLD ECONOMY

“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...

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Bibliographic Details
Main Author: Liviu UZLAU
Format: Article
Language:English
Published: Faculty of Economic Sciences, Hyperion University, Bucharest, Romania 2015-03-01
Series:Hyperion Economic Journal
Subjects:
Online Access:http://hej.hyperion.ro/articles/1(3)_2015/HEJ%20nr1(3)_2015_Y5Uzlau.pdf
Description
Summary:“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.
ISSN:2343-7995
2343-7995