On May 7th, 2008, the World Bank presented a panel discussion in honor of new book entitled Terrorism, Economic Development and Political Openness, edited by Philip Keefer and Norman Loayza. The purpose of this book and event was to examine the relationship between terrorism and development, determining the relative weights of key aspects and the resulting impacts on development. The event was chaired by Sarah Cliffe, current Director of the East Asia and Pacific Office of the Vice President, who in her opening comments said it was important to identify the costs of terrorism and to deflate myths, by comparing concrete data to headlines perpetuated by the press.
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