Terrorism Presentation

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Slide 1: 

The Socio-economic Costs of Terrorism on International Business Mark E. Shepherd, Sr.MBAI 602

Terrorism Issues : 

Terrorism Issues Terrorism Statistics Country Risk Assessments Governmental Countermeasures Global Economic Implications Future Concerns

Terrorism in Human Costs : 

Terrorism in Human Costs RAND/MIPT data (incomplete for 1998-2004). 2007 represents U.S. UCTC figures Last updated August 2, 2008*

Country Risk Assessment / GTI : 

Country Risk Assessment / GTI Overall Risk Political Risk Economic Structure Risk Economic Policy Risk Liquidity Risk Currency Risk Sovereign Debt Risk Banking Risk

Economic costs of 9/11 : 

Economic costs of 9/11 Microeconomic effects Combating Terrorism by the US $53B $34 bill. plus uninsured losses of $576 million for Pentagon - 2,973 dead. Travel and tourism 279,000 jobs lost in US. 5% property insurance increases in the US, higher overseas. $7.5B in est. lifetime earnings lost by 2780 New York workers lost. $7B for victim compensation. Estimated 2% of GDP ($11.7T) or $234B annually for security efforts. Total effect on New York economy and Wall Street unknown. Macroeconomic Effects up to $300B in lower world growth in 2001/02. 1-3% of shipment value for security. Iraq $125B-plus for DOD. U.K.$2.68 bill. per year. $21B for reconstruction $13B pledged by other countries. Afghanistan $50B DOD. 3.3B reconstruction. $4.5B pledged by other countries. Death Toll since Iraq/Afghanistan war (all inclusive): 8,177. Iraqi’s lost: 1,339,771. Wounded U.S. Soldiers: 31,483.

U.S. Risk Assessment for the Department of Homeland Security Tracking Time Line : 

U.S. Risk Assessment for the Department of Homeland Security Tracking Time Line

U.S. Government Stability Actions : 

U.S. Government Stability Actions U.S. Patriot Act of 2001 Homeland Security Act Department of Homeland Security Grants to States ($12B by 2008) Terrorism Risk Protection Act Financial Anti-Terrorism Act of 2001 Airport and Transportation Security Act of 2001 Asset based Risk Assessment Geographical Risk Assessment U.S Code Regulations– providing direct links to key provisions – Air Commerce Safety and Security; Aircraft and Motor vehicle Crimes; Biological Weapons; Chemical Weapons; Civil Disorder; Defense Against Weapons of Mass Destruction; Disaster Relief; Foreign Intelligence Surveillance, etc. Several Executive Orders, decisions and declarations. U.S. Treasury Department anti-money laundering regulations. Seizure of more than $14B in foreign assets of terrorism networks.

Slide 11: 

Sources: National Counterterrorism Center, Worldwide Incidents Tracking System, on line at NCTC (http://wits.nctc.gov/). U.S. Department of State, Patterns of Global Terrorism annual reports 1983-2003, Patterns of International Terrorism annual reports 1980-1982, International Terrorism annual reports 1976-1979, on line at MIPT (http://www.terrorisminfo.mipt.org/Patterns-of-Global-Terrorism.asp). U.S. Department of State, Country Reports on Terrorism annual reports 2004-2007, on line at US DOS (http://www.state.gov/s/ct/rls/crt/). RAND/MIPT, RAND Terrorism Chronology Database and RAND-MIPT Terrorism Incident Database (subscription only), at RAND (http://www.rand.org/ise/projects/terrorismdatabase/). Sept 11 Strikes Cost US One-trillion Dollars: Laden.  rediff.com.  December 28, 2001. 2 See, for example, CRS Report RL31617, The Economic Effects of 9/11: A Retrospective Assessment ; CRS Report RL31733, Port and Maritime Security: Background and Issues for Congress ; CRS Report RL32022, Air Cargo Security ; U.S. Congress, Joint Economic Committee, The Economic Costs of Terrorism , May 2002. Congressional Research Service ˜ The Library of Congress. http://antiwar.com/casualties/ http://www.defenselink.mil. Sept 11 Strikes Cost US One-trillion Dollars: Laden.  rediff.com.  December 28, 2001. 2 See, for example, CRS Report RL31617, The Economic Effects of 9/11: A Retrospective Assessment ; CRS Report RL31733, Port and Maritime Security: Background and Issues for Congress ; CRS Report RL32022, Air Cargo Security ; U.S. Congress, Joint Economic Committee, The Economic Costs of Terrorism Sept 11 Strikes Cost US One-trillion Dollars: Laden.  rediff.com.  December 28, 2001. 2 See, for example, CRS Report RL31617, The Economic Effects of 9/11: A Retrospective Assessment ; CRS Report RL31733, Port and Maritime Security: Background and Issues for Congress ; CRS Report RL32022, Air Cargo Security ; U.S. Congress, Joint Economic Committee, The Economic Costs of Terrorism

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