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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.
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.
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 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.
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.
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.
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