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BAUMERT, THOMAS (2) answer(s).
 
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ID:   080364


Economic cost of March 11: Measuring the Direct Economic cost of the terrorist attack on March 11, 2004 in madrid / Buesa, Mikel; ValiƱo, Aurelia; Heijs, Joost; Baumert, Thomas   Journal Article
Buesa, Mikel Journal Article
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Publication 2007.
Summary/Abstract This article attempts to measure the direct costs that the terrorist attacks of 3/11 had on the economy of the region of Madrid. The evaluation has been made applying conservative criteria, and the results obtained have to be considered as minimum. The result indicates that the terrorist attacks caused a loss of nearly 212 million euros to the regional economy of Madrid, equivalent to 0.16 percent of the regional GDP (0.03 of the national GDP). This confirms that the immediate economic dimension of a terrorist attack such as the one of 3/11 - apart from human catastrophic consequences - is relatively low.
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2
ID:   121746


Untangling eta's finance: an in-depth analysis of the basque terrorist's economic network and the money it handles / Buesa, Mikel; Baumert, Thomas   Journal Article
Buesa, Mikel Journal Article
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Publication 2013.
Summary/Abstract This article aims to analyse the sources of terrorist financing of the Euskadi Ta Askatasuna (ETA). It takes into account the network of entities that, under the leadership and oversight of ETA, have developed the political, economic, cultural, support and propaganda agenda of their terrorist project. This study focuses, in particular, on the periods 1993-2002 and 2003-2010, to observe the changes in the financing of terrorism after the outlawing of Batasuna, ETA's political wing. The results show the significant role of public subsidies in finance the terrorist network. It also proves that the outlawing of Batasuna caused a major change in that funding.
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