Business and Security: Public-Private Sector Relationships in a New Security Environment

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The private business sector suffered both directly and indirectly from the terrorist strikes of September 11th. Many business workers perished in the New York WOrld Trade Center, and the insurance, transport, and tourism industries were hard hit by the aftermath. Restrictions imposed in thename of security made business travel and the movement of goods more complicated. The private sector was called upon to support the fight against terrorism actively with tougher controls on money transfers and onthe export of dangerous materials and technologies. These events offered a strikingcase of the growing interdependence of the private and public sectors in takling present-day security challenges. The impact of the private sector, for good or ill, in areas of conflict has long been recognized. Private business is at the centre of the latest concerns over the vulnerability ofcrucial infrastructures, including energy supply. Systematic public-private sector consultation and partnership are needed to tackle these problems, but neither the principles nor comprehensive mechanisms for such cooperation have yet been identified. This book brings together reflections ongeneral and specific aspects of public-private sector interaction, from a variety of experts in business, government, international organizations and the academic world. For completeness and balance, it also inquires into the costs of security and includes perspectives from Africa and the ArabWorld. It offers new reference material to help in the further exploration of this important subject.