Folkerts-Landau: Tourism Most Affected By Terror

The video discusses the impact of regional insecurity on various sectors, particularly tourism and airlines. It highlights the failures of governments and security operators in preventing incidents and analyzes the economic impacts, noting that while initial effects are significant, they tend to dissipate quickly. The video also suggests that defense and security spending may increase, but fundamental economics remain unchanged.

What are the potential effects of security incidents on the tourism industry?

How do security incidents contribute to a sense of vulnerability in society?

What is the expected duration of the impact from security incidents based on past occurrences?

What are the implications of security incidents on the broader economic aggregates?

In what ways might government spending change in response to security incidents?