Hurricane Katrina was a pivotal event in the history of disaster mismanagement. Its impact will be felt well into the future and its lessons will be applied around the world. This influential volume explores key policy implications arising from the storm and its aftermath. Leading scholars from fields as diverse as decision analysis, risk management, economics engineering, transportation, urban planning and sociology investigate the policy issues associated with insurance, flood control and the rebuilding of levees, housing, tourism, utility lifelines recovery and resilience, evacuation, relocation and racial implications.By assessing the disruption of life in New Orleans, as well as the inter-regional economic impacts of the disaster, the authors suggest steps that can be taken to minimize future risks, not only in New Orleans but also in all locations threatened by natural disasters. It then goes beyond Katrina to explore experiences and responses to similar events in other parts of the world. Another important feature is a discussion of the overlap between terrorist-initiated disasters and natural disasters. The issues raised by Katrina are very complex and teasing out successful policy implications is far from easy. This book is a major advance towards that goal. Academics interested in the economics, policy, and planning aspects of natural and man-made disasters, specialists in emergency management and policymakers will find the insights and prescriptions offered here invaluable.

The NIEMO development effort is as ambitious as any in regional science. In addition to immense data handling issues faced are the numerous conceptual and theoretical hurdles these researchers have cleared so adeptly. The volume's chapters present many of the critical areas of analysis to which analytical frameworks like NIEMO can be put, and demonstrate what can be accomplished when a group of dedicated scholars focus their collective energy on the development of computational models of complex social systems.' - Randall Jackson, Director, Regional Research Institute, West Virginia University, USThe United States has encountered increasing levels of terrorist activity and a number of significant natural disasters in this millennium, a pattern which has also occurred globally. There has been a degree of uncertainty over their impact on the national economy. A unique contribution towards mitigation is offered in this book, which develops a national economic impact model to estimate the effects of simulated terrorist attacks and real world natural disasters on individual US States and economic sectors. The model, NIEMO (The National Interstate Economic Model), examines interindustry relationships and interregional trade, and presents a multiregional input-output analysis of the economic impact resulting from these events. Students and researchers in regional science, planning, economics and geography will find this book offers an informative perspective. Practitioners, policy makers and general readers interested in public policy issues will appreciate the insights. Contributors include: J. Cho, P. Gordon, B. Lee, J.E. Moore II, Q. Pan, C. Park, J. Park, H.W. Richardson, M. Son

Global business is affected by global terrorism and the two are intricately linked on many levels. This book is an eclectic and enlightening compendium of research that explores the interrelationships between the two. A companion to and expansion on the authors' previous books in the area, Global Business and the Terrorist Threat takes a closer look at practical business management, as influenced by terrorist infrastructure, networks and actions. Many overlapping areas of influence between business and terrorism are explored in depth in the book. Among other topics, the authors discuss terrorism and news flows and their effect on stock markets, as well as the effects of transitional terrorism on bilateral trade. The importance of business continuity in the face of ongoing threats is detailed, as are efforts to avoid inadvertent interactions with terrorist groups. Border issues, challenges of benefit-cost analysis for terrorism security regulations, the impact of 9/11 on the travel industry and the assessment and management of global interdependent risks close out the book. This book will be a choice addition to the bookshelves of researchers and practitioners in international business, public policy, and terrorism and security.

Focussing on the economics of terrorism in the post 9/11 world, this book brings together original research based on the collaborative efforts of leading economists and planners. The authoritative and expert contributors use a variety of methodological approaches and apply them to different types of terrorist attacks (on airports, highways, seaports, electric power infrastructure, for example). They also draw analogies between man-made and natural disasters. The results suggest that these issues are extremely complex and that the economic costs of some types of attack are huge, but that increased understanding and estimation can be used to justify resource investments in prevention, mitigation and response. A primary aim of the book is to contribute to developing more cost-effective anti-terrorist policies. Scholars and researchers in the fields of transportation, public sector economics, urban planning, disaster prevention, mitigation and management, and engineers will find The Economic Impacts of Terrorist Attacks a major contribution to a new and rapidly expanding research area.

This landmark book covers a range of issues concerning the consequences of terrorist attacks. Beginning with a discussion of new policies and strategies, it then delves into specific areas of concern, modeling a range of possible scenarios and ways to mitigate or pre-empt damages. Top researchers from around the world discuss issues such as: airport security, urban terrorism, Coast Guard operations, and the need to balance freedoms with security. New policies for deterring terrorism are also proposed. Later chapters model the economic impacts of terrorist attacks on the food industry, major US ports, and US theme parks. The final chapters provide an in-depth look at the effects of interruptions to electricity supply and how to improve resiliency. Using specific locations and situations, the volume details in a concrete way the long and short-term economic effects of possible future attacks. The cutting-edge research and provocative conclusions make this a must-read for policymakers, public sector economists, urban planners, aviation officials, insurance industry analysts and those charged with disaster management.

Global business is affected by global terrorism and the two are intricately linked on many levels. This book is an eclectic and enlightening compendium of research that explores the interrelationships between the two. A companion to and expansion on the authors' previous books in the area, Global Business and the Terrorist Threat takes a closer look at practical business management, as influenced by terrorist infrastructure, networks and actions. Many overlapping areas of influence between business and terrorism are explored in depth in the book. Among other topics, the authors discuss terrorism and news flows and their effect on stock markets, as well as the effects of transitional terrorism on bilateral trade. The importance of business continuity in the face of ongoing threats is detailed, as are efforts to avoid inadvertent interactions with terrorist groups. Border issues, challenges of benefit-cost analysis for terrorism security regulations, the impact of 9/11 on the travel industry and the assessment and management of global interdependent risks close out the book. This book will be a choice addition to the bookshelves of researchers and practitioners in international business, public policy, and terrorism and security.

Hurricane Katrina was a pivotal event in the history of disaster mismanagement. Its impact will be felt well into the future and its lessons will be applied around the world. This influential volume explores key policy implications arising from the storm and its aftermath. Leading scholars from fields as diverse as decision analysis, risk management, economics engineering, transportation, urban planning and sociology investigate the policy issues associated with insurance, flood control and the rebuilding of levees, housing, tourism, utility lifelines recovery and resilience, evacuation, relocation and racial implications.By assessing the disruption of life in New Orleans, as well as the inter-regional economic impacts of the disaster, the authors suggest steps that can be taken to minimize future risks, not only in New Orleans but also in all locations threatened by natural disasters. It then goes beyond Katrina to explore experiences and responses to similar events in other parts of the world. Another important feature is a discussion of the overlap between terrorist-initiated disasters and natural disasters. The issues raised by Katrina are very complex and teasing out successful policy implications is far from easy. This book is a major advance towards that goal. Academics interested in the economics, policy, and planning aspects of natural and man-made disasters, specialists in emergency management and policymakers will find the insights and prescriptions offered here invaluable.

This landmark book covers a range of issues concerning the consequences of terrorist attacks. Beginning with a discussion of new policies and strategies, it then delves into specific areas of concern, modelling a range of possible scenarios and ways to mitigate or pre-empt damages. Top researchers from around the world discuss issues such as: airport security, urban terrorism, Coast Guard operations, and the need to balance freedoms with security. New policies for deterring terrorism are also proposed. Later chapters model the economic impacts of terrorist attacks on the food industry, major US ports, and US theme parks.The final chapters provide an in-depth look at the effects of interruptions to electricity supply and how to improve resiliency. Using specific locations and situations, the volume details in a concrete way the long and short-term economic effects of possible future attacks. The cutting-edge research and provocative conclusions make this a must-read for policymakers, public sector economists, urban planners, aviation officials, insurance industry analysts and those charged with disaster management.

Focussing on the economics of terrorism in the post 9/11 world, this book brings together original research based on the collaborative efforts of leading economists and planners. The authoritative and expert contributors use a variety of methodological approaches and apply them to different types of terrorist attacks (on airports, highways, seaports, electric power infrastructure, for example). They also draw analogies between man-made and natural disasters. The results suggest that these issues are extremely complex and that the economic costs of some types of attack are huge, but that increased understanding and estimation can be used to justify resource investments in prevention, mitigation and response. A primary aim of the book is to contribute to developing more cost-effective anti-terrorist policies. Scholars and researchers in the fields of transportation, public sector economics, urban planning, disaster prevention, mitigation and management, and engineers will find The Economic Impacts of Terrorist Attacks a major contribution to a new and rapidly expanding research area.

This book presents a multiregional input-output model for the metropolitan area of Southern California, which helps to estimate the economic impact of simulated terrorist attacks on seaports, malls etc. as well as of natural disasters such as earthquakes and tsunamis. The authors also analyze the economic and social effects of metropolitan policies such as growth controls, neighborhood gentrification or road-congestion charges. The model presented in the book has evolved over a period of 25 years and requires a very substantial computer capacity.

This book presents a multiregional input-output model for the metropolitan area of Southern California, which helps to estimate the economic impact of simulated terrorist attacks on seaports, malls etc. as well as of natural disasters such as earthquakes and tsunamis. The authors also analyze the economic and social effects of metropolitan policies such as growth controls, neighborhood gentrification or road-congestion charges. The model presented in the book has evolved over a period of 25 years and requires a very substantial computer capacity.