Terrorism has profound, multidimensional effects on individuals and society as a whole. For the European Union, the economic losses just from foregone wages from injuries and medical care are staggering. Research finds that, beyond direct costs, terrorist incidents can influence individuals’ patterns of spending and investment. getAbstract recommends this succinct but worthwhile article from the World Economic Forum to anyone interested in the sobering statistics on terrorism’s economic damage.
In this summary, you will learn
- What costs terrorism has inflicted on the European Union and
- What counterterrorism measures are priorities in the region.
About the Author
The World Economic Forum is an independent global organization that engages leaders of business, politics, academia and society to improve the state of the world.