Could the Bali Bombs Stall Global Economic Recovery? ; BUSINESS ANALYSIS Stockmarkets and Currencies across South-East Asia Have Fallen Sharply, Awakening Memories of the 1997 Asian Crisis

Philip Thornton Economics Correspondent, The Independent (London, England)

THE BOMBING outrage in Indonesia has awakened fears that a global campaign of terror could derail a recovery for the world's economy.

Analysts have started to count the economic cost of the terrorist attacks in Bali amid speculation that the doubtless devastating impact on the Asian nation's economy could ripple across the Pacific, and perhaps even further.

What effects will the bombs have on financial stability and economic growth? Will world markets suffer if Indonesia collapses; and will consumer and business confidence crumble in the wake of a renewed terror campaign?

In terms of economic activity, the rebound in growth had already started to …

Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Could the Bali Bombs Stall Global Economic Recovery? ; BUSINESS ANALYSIS Stockmarkets and Currencies across South-East Asia Have Fallen Sharply, Awakening Memories of the 1997 Asian Crisis. Contributors: Philip Thornton Economics Correspondent - Author. Newspaper title: The Independent (London, England). Publication date: October 16, 2002. Page number: 24. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.

This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.