Bali, Terrorism and the Economics of Fear
Travel Blog • Jim Benning • 10.03.05 | 11:23 AM ET
We recently pointed to a USA Today story noting that terrorist attacks don’t have the crippling economic effects they once did. So what will come of Saturday’s bombings in Bali, which killed 26 people? An article in Forbes online suggests tourism will rebound relatively quickly. “Although Saturday’s blasts will mean a sharp fall in Bali’s tourist arrivals, analysts said the experiences of other target cities suggest its beaches will be packed again within a year or two,” the article states. That’s good news for Bali and bad news for terrorists.
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Jim Benning is the editor and co-founder of World Hum.
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