The Impacts of International Terrorism on International Trade

On September 11 four U.S. planes hijacked by terrorists crashed in New YorkWashington and Pennsylvania killing more than 3000 people in a matter ofhours. This headline marked the beginning of a traumatic era in whichterrorism invaded the daily lives of millions of people in the United States aswell as the rest of the world. The enhanced security that took place afterwardscaused serious delays on several borders and airports worldwide whichcreated a substantial disruption of industries that highly rely on travel andinternational trade. As a matter of fact one can discern that a terrorist actmight have disruptive effects on the daily life of people but also on aneconomy and even business activities. Therefore this book examines theimpacts of terrorism on international trade and how it effects the strategicmanagement decisions of Multinational Corporations. It describes the approachesto terrorism analysis with its occurring types and causes and draws anoverview of potential policy responses to terrorism as well as trends and futurepatterns of terrorism. Furthermore it discusses the connection betweenterrorism and international trade as well as the effects of increase securityconcerns on trade. In addition it comprises the effects of terrorism on MNCand discusses how they can cope with terrorism on a strategic and organizationallevel. This comprehensive book will be of special interest to researchersof international trade and management representatives of trade associationsofficials in the field of economic policy-making security managers consultantsand executives.