Terrorism has a significant and long-lasting negative impact on the economy: Moody's
Global Credit Research: A study by Moody’s Investors Service shows that terrorist attacks significantly weaken economic activity, with long-lasting effects on the economy.
The study measures the impact of terrorism on a country’s economic growth, investment growth, government expenditure and government cost of borrowing, according to the report ‘Terrorism Has a Long-lasting Negative Impact on Economic Activity and Government Borrowing Costs’.
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