Economic Experts Convene at USC to Assess Terrorist Attacks

A symposium on ‘Economic Costs and Consequences of a Terrorist Attack’ will be presented at the University of Southern California on Friday and Saturday (August 20-21) by the Center for Risk and Economic Analysis of Terrorism Events (CREATE), the nation’s first academic research center funded by the U.S. Department of Homeland Security (DHS).

The symposium will include presentations by national experts from across the country on homeland security-related topics such as port security, electrical infrastructure and transportation security. “Bringing together some of the brightest researchers in the field of economics and terrorism furthers our center’s goal of assessing the costs of terrorist events, gauging their long-term economic impacts, and evaluating the effectiveness of countermeasures," said Detlof von Winterfeldt, CREATE’s Co-Director.

CREATE is the first DHS university center for excellence. Established in March 2004, it is an inter-disciplinary national research center based at the University of Southern California’s School of Policy, Planning, and Development and Viterbi School of Engineering. The center was formed to assess the risk of terrorism, to develop tools for analyzing economic and societal consequences of terrorist attacks, and to provide guidance on investments to counter terrorism and make the nation safer.