Terrorism and the Resilience of Cities
Abstract
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.
Domains
Economics and Finance
Origin : Explicit agreement for this submission
Loading...