Economics 101: Terrorism rarely destroys tourism for good
(WorldNews Sport)

A couple of weeks ago, The National reported that Egypt´s tourism receipts had increased by 54 per cent during the first seven months of 2017, compared to the corresponding period in 2016. The most populous Arab country has suffered greatly economically since the beginning of a political roller coaster in 2011, with much of the damage being reflected in shrinking tourism. Have acts of terrorism, such as the 2015 crash of a Russian plane in the Sinai Peninsula, played a role in hamstringing the Egyptian economy? Many scholars have investigated the impact of terrorism on international tourism, with two recent contributions coming from the Hong Kong-based researchers Anyu Liu and Stephen Pratt...