Impact of 9/11 on Business and Economics

MATTHEW MORGAN is Assistant Professor of Politics at Bentley College, USA.

"Morgan has compiled a timely, thought-provoking collection exploring the global economic and financial impact of America s 9/11 terrorist attack. [The essays] challenge the reader to reflect, from the esoteric to the pragmatic, on the changes that have occurred and that will continue to affect global business and the ways in which business and finance are conducted. Summing Up: Recommended. All levels of undergraduate students, professionals, and general readers" - Choice "An excellent collection of new perspectives for understanding and undertaking measures to apply the lessons from that terrible tragedy." - John F. Lehman, Chairman, J.F. Lehman & Company, Member, National Commission on Terrorist Attacks Upon the United States (9-11 Commission)"So much had been written about how global geopolitical landscape was profoundly changed by 9/11. Its impact on the global economic landscape was no less profound, but has rarely been comprehensively examined. This volume remedies this neglect and provides a most thoughtful assessment of how 9/11 affected business and economics. It also provides vital clues for understanding some precursors of the current economic crisis." - Nitin Nohria, Richard P. Chapman Professor of Business Administration, Harvard Business School andcoauthor of In Their Time: The Greatest Business Leaders of the 20th Century

• Acknowledgments About the Contributors Foreword; J.Heckman Introduction; M.J.Morgan PART I: THE IMPACT ON ORGANIZATIONS AND INSTITUTIONS Leading Change after Crisis; R.Moss Kanter  & M.J.Morgan The Effects of 9/11 on the Management of Human Capital in the U.S; J.N.Kondrasuk What Have We Learned from 9/11? The Importance of Human Resource Crisis Planning; L.Mainiero  & M.Bhattacharya The Wealth of Nations in the Post 9/11 Era: Lessons from Alternative Futures Planning; M.Safford  & P.J.Kennedy, Jr. 9/11, Intelligence and the Senior Executive; B.Gilad PART II: INDUSTRY IMPACTS Crisis in a Fragile Industry: Airlines Struggle to Survive in an Uncertain Future; D.L.Rhoades The Effects of 9/11 on the Travel Industry; D.Clark  & J.McGibany The U.S. Welcome Mat: A Case Study of Post-9/11 Tourism Promotional Efforts; L.Fall  & H.Epkins Achieving National Preparedness: Security Practices in the Motorcoach Industry Post 9/11; K.Ready The Food We Eat: Safer Now or Then?; O.S.Cupp  & A.S.Boyce Realization of Mega Catastrophes: The Insurance and Risk Management Industries; E.Baranoff The Emergence of the War Service Industry; D.Rasor PART III: THE IMPACT ON THE INTERNATIONAL FINANCIAL SYSTEM Terrorism Finance: Understanding the Financial Foundations of Contemporary Terrorism; P.J.Smith Risk Premium, Volatility, and Terrorism: New Evidence; J.Sultan and O.D.Gulley Contagion and Impulse Response of Emerging Stock Markets to the 9-11 Terrorist Attacks;  K.Mun The Impact of 9/11 on Debt Markets; I.W.Morgan, Jr ., & J.P.Murtagh The Financial Market Impact of 9/11 and Risk Mitigation Policy on Transportation; A.Homan Business as Usual? Strategic Trade Flows Since 9-11 Between the U.S. and Mexico; C.Olmedo , R.Tinajero  & D.Soden