Website: http://en.wikipedia.org/wiki/Terrorism

The site covers a wide scope of topics regarding to terrorism. It is very comprehensive as the topic of terrorism is completely covered from all perspective

The terrorist attacks that have occurred in the past few years around the world have raised
international awareness of the danger of terrorism and its complex repercussions on the
world economy. This website explores the ways in which financial markets reacted to the
attacks and the authorities’ responses. Well-functioning financial markets, bolstered by the
prompt and effective reaction of the relevant authorities, were generally efficient in
absorbing shocks stemming from terrorist attacks.
The direct economic costs of terrorism,including the destruction of life and property, responses to the emergency, restoration of the systems and the infrastructure affected, and the provision of temporary living assistance, are most pronounced in the immediate aftermath of the attacks and thus matter more in the short run.

Website: http://www.oecd.org/dataoecd/11/60/1935314.pdf
This website analyses the economic consequences of terrorism, both in terms of immediate policy response in the aftermath of the attacks and of medium-term policy implications for regulatory, trade and fiscal policy.

Salleh
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Website : http://ksghome.harvard.edu/~aabadie/twe.pdf
This article is explaining how big and small an impact is from terrorism. It is small when terrorists destroy only a small fraction of the stock of capital of a country. However a big impact is considered when movements of capital across countries if the world economy is sufficiently open. This would result in unexpected outcome in businesses and companies.

Website : http://tierneylab.blogs.nytimes.com/2008/01/16/the-endless-fear-of-terrorism/
This article is about how this author describes how endless the fear of terrorism. It states that officials from USA are promoting fear of terrorism into the lives of their fellow countrymen. This in the long run would having people suffering from terrorphobia. A phobia of terrorism. It was said that although things has gone quiet after the Sept 11 attacks, things can change at any time of the day due to one attack.

Benedict

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http://www.terrormarketeffect.com/

Terrorism can bring an economy to its knees because of fear. Businesses may be afraid to operate as normal because of fear that another attack will happen. Increased costs in security can cause companies to fall on economic hard time ultimately decreasing the value of their stocks and hurting shareholders. One such example of this phenomenon is the resulting collapse of small or floundering airlines after the September 11th attacks on Americans in 2001. Fear can often lead to erratic stock market behavior. Those that play the stock market are looking for predictability and a terrorist attack provides anything but a stable market.



I think terrorism affects a country's economy very badly.Furthermore the tourist will be afraid to visit the affected country which may affect the tourist industry and lead to lower income for the country. -kumar
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http://ideas.repec.org/p/ehu/dfaeii/200519.html

It has been argued that terrorism should not have a large effect on economic activity, because terrorist attacks destroy only a small fraction of the stock of capital of a country (see, e.g., Becker and Murphy, 2001). In contrast, empirical estimates of the consequences of terrorism typically suggest large effects on economic outcomes (see, e.g., Abadie and Gardeazabal, 2003). The main theme of this article is that mobility of productive capital in an open economy may account for much of the difference between the direct and the equilibrium impact of terrorism. We use a simple economic model to show that terrorism may have a large impact on the allocation of productive capital across countries, even if it represents a small fraction of the overall economic risk. The model emphasizes that, in addition to increasing uncertainty, terrorism reduces the expected return to investment. As a result, changes in the intensity of terrorism may cause large movements of capital across countries if the world economy is sufficiently open, so international investors are able to diversify other types of country risks. Using a unique dataset on terrorism and other country risks, we find that, in accordance with the predictions of the model, higher levels of terrorist risks are associated with lower levels of net foreign direct investment positions, even after controlling for other types of country risks. A standard deviation increase in the terrorist risk induces a fall in the net foreign direct investment position of about 5 percent of GDP. The magnitude of the estimated effect is large, which suggests that the "open-economy channel" impact of terrorism may be substantial.

It has been argued that terrorism should not have a large effect on economic activity, because terrorist attacks destroy only a small fraction of the stock of capital of a country. I think personally think that terrorism will largely affect the economy's outcome. It affects the production of a country, as such, there will be less trading done, therefore less money flow. International business man will also be afraid to invest in the country being attacked by terrorist, and divert their investments.

http://www.brookings.edu/papers/2001/1024terrorism_perry.aspx

The terrorist attack of September 11th raised important questions about what may lie ahead for the world oil market and what it could mean for the U.S. economy. On three occasions in the past—the first two OPEC price shocks in the mid and late 1970's and the Gulf War at the start of the 1990's—trouble in the Middle East led to higher oil prices.
The map of world oil supply has changed noticeably since the mid 1970s, with important new sources of supply coming on stream from the North Sea, Mexico, China, Alaska, and elsewhere. Most recently Russian production, which fell by half after the breakdown of the former Soviet Union, has started to rise and is projected to continue rising for years. Russia is already the world's third largest producer and second largest exporter of oil. Yet the Persian Gulf producers led by Saudi Arabia still account for over a quarter of the world's oil supply and continue to be the key to the market.
The position of the United States in the oil market has gradually changed over time (table A). Its oil use leveled off during the 1980's as consumption responded to conservation measures and to the higher prices at the start of the decade. By contrast, U.S. consumption rose 16 percent over the following decade. U.S. oil production declined slowly and its share of world production fell to below 12 percent in 2000 from near 24 percent in 1970. As a result of these different trends in consumption and production, imports have risen substantially and now provide half the U.S. oil supply.

Since the attack of september 11th, many economic issue raised. Like the Oil price has went up. The map of world oil supply has changed noticeable since 1990's. This issue has very heavy impact on the world's economy, and also the natural resource like oil.

Lester
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Website: http://www.worldaffairsboard.com/warfare-modern-age/42413-impact-terrorism-world-economy.html

this is an online discussion forum bringing about the topic "What are the impact of terrorism on the world's economy?"
it allow users and viewers to post their comments and exchange views with the people around the globe.

Website: http://www.bizcovering.com/E-Commerce/Terrorism-and-World-Economies.52503

this is an article mainly speaking about terrorism and the world economy. According to the article, it explains that terrorism had significantly affected the market eversince the 911 incident. Political instability had created lot of problems having direct negative effects on the economy as well as security of men and material hence terrorism activity had definitely affect the world economy. In thins article the 911 incident had been used as a case study for the economic damges faced by the world.

Irving
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