Type
Article
Titre
Terrorism and the Resilience of Cities
Dans
Oxford Review of Economic Policy
Auteur(s)
HARRIGAN James - Department of Economics (Virginia) (Auteur)
MARTIN Philippe - Center for Economic Policy Research (London) (CEPR) (Auteur)
Éditeur
GB : Oxford University Press
Pages
97 - 116 p.
ISSN
0266903X
Résumé
EN
Harrigan and Martin assess the viability of major cities, and New York in particular, in the face of catastrophes such as terrorist attacks by considering why cities exist in the first place. They conclude that the same forces thought to lead to the formation of cities—namely, the economic gains derived from the proximity of firms to markets, suppliers, and a large labor pool—help to preserve cities at risk of terrorism and other catastrophic events. Furthermore, given the considerable size of the economic gains generated by major cities, New York and its counterparts should be extremely robust in the event of future occurrences.

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