Comment on: oThe macroeconomic consequences of terror and the case of Israelo

Article Abstract:

The effects of terrorism in Israel are studied with a theoretical analysis of the macroeconomic consequences. The theory proposes that increase in terror reduces investment, income and consumption. The impact of terror on individuals and the government is shown as percentages on GDP, per capita durable consumption and wealth.

Author: Cuikerman, Alex
Publisher: Elsevier B.V.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2004
Israel, Economic aspects

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The open society assesses its enemies: shocks, disasters and terrorist attacks

Article Abstract:

The comment analyzes the results of J. Tavare' s paper, namely that democracy in itself does not prevent terrorism but it helps to mitigate the recovery from terror attacks. It identifies new areas for research on other aspects of terrorism and extremist groups.

Author: Loayza, Norman
Publisher: Elsevier B.V.
Publication Name: Journal of Monetary Economics
Subject: Economics
ISSN: 0304-3932
Year: 2004
United States, Prevention, Democracy

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Subjects list: Influence, Terrorism
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