Moody’s - Terrorism has a significant and long-lasting negative impact on the economy

Moody’s. - Martes, 06 de Octubre

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According to Moody’s : Terrorist attacks significantly weaken economic activity, with immediate and significant impact on growth, dampening GDP between 0.5 and 0.8 percentage points (based on 2013 records).- Investment growth takes an even greater immediate hit, with declines between 1.3pp and 2.1pp during the same period.

 

-          Terrorist events lift the government cost of borrowing.

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