In this paper, the efficacy and value of using corrective control supported by transient assistive measures (TAM) is quantified in terms of the cost savings due to less constrained operation of the system. The example TAM is a rapid modulation of the power order of the high-voltage direct current (HVDC) links in the system so as to improve transient stability during corrective control. A sequential approach is used for the offline value assessment: a security constrained economic dispatch (SCED) module (master problem) determines the optimal generation dispatch, HVDC settings, and the corrective control actions to be used post-fault (generation and demand curtailed) so as to minimize the operational costs while ensuring static security. The transient stability module (slave problem) assesses the dynamic stability for the operating condition set by the SCED and, if needed, applies appropriate TAM to maintain the system transiently stable. If this is not possible, the master module uses a tighter set of security constraints to update the dispatch and other settings until the system can be stabilized. A case-study on the Great Britain system is used to demonstrate that corrective control actions supported by TAM facilitate significantly higher pre-fault power transfers whilst maintaining N-2 security.