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Terrorism & Its Impact On Foreign Flows: Lessons From Pakistan

Iqbal, Javed and Mehmood, Sultan (2012): Terrorism & Its Impact On Foreign Flows: Lessons From Pakistan.

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Abstract

High terrorist attack frequency and intensity in Pakistan provides a unique data to study the impact of terrorism on foreign inflows and trade. After 9/11, Pakistan has suffered from rapidly decreasing foreign inflows and a contraction in trade. The paper estimates the unit cost of a terrorist attack in terms of foreign inflows and international trade lost to be $51.92 million.

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