Global Business and The Terrorist Threat
By: Harry W. Richardson, Peter Gordon and James E. Moore II
This book is an eclectic collection of chapters that explores the relationships between global business and terrorism. The rationale for the book is clear. One of the sponsors of this research, the Department of Homeland Security, has spent large sums of money inside the United States to protect the homeland, but has devoted little attention, at least openly, to the international aspects of terrorism and how its threats can aff ect the global economy. There are many examples of the potential links between global business and terrorism, some of which (but not all) are discussed in this book. One important example is how a major terrorist attack in a Western country might aff ect the global economy, typically by a crash in world stock markets. Baumert’s chapter (Chapter 7) sheds some light on this by showing that the Madridtrain bombing had a modest and short-term impact on stock markets. However, we should not generalize from a single case. [download]
Format : Ebook.Pdf
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