Global Implications of State Sponsored Terrorism

20 Pages Posted: 26 Dec 2009

Date Written: September 25, 2009

Abstract

State sponsored terrorism is a growing threat to nations of all sizes and in almost every region of the world. Whether highly industrialized or developing, wealthy or poor, all nations, in some way are adversely impacted by terrorism and the lasting repercussions of terrorist activities. In recent years, terrorist attacks have become more brazen and sophisticated. Even more alarming is the fact that terrorist attacks are far more difficult to predict and deter. These attacks follow no particular pattern and are not limited to any specific type of target (Kunreuther, Michel-Kerjan and Porter, 2003). Historically, terrorists organizations were poorly funded and had to focus a significant amount of time generating revenue to fund their attacks. From a contemporary perspective this is no longer the reality. Modern terrorist organizations are better funded, well organized, and well informed on the nature and dynamics of their targets. This is the case primarily because more terrorist organizations are sponsored by governments in stead of individuals who are loyal to a particular agenda. Because of this evolution among terrorist organizations it is important than ever that nations of all sizes and in every region of the world understand these facts. This chapter examines the impact of state sponsored terrorism on the social and economic condition of nations. This review is not intended to be a prescriptive blueprint to fight terrorism for any nation or region, but rather, an examination of relevant facts which will hopefully benefit policy makers and practitioners who work diligently to reduce or eliminate terrorist activities.

Keywords: Terrorism, global violence

JEL Classification: N-4, ZOO

Suggested Citation

McFayden, Elgie, Global Implications of State Sponsored Terrorism (September 25, 2009). Available at SSRN: https://ssrn.com/abstract=1528198 or http://dx.doi.org/10.2139/ssrn.1528198

Elgie McFayden (Contact Author)

Kentucky State University ( email )

400 East Main Street
Frankfort, KY 40601
United States
502-597-6665 (Phone)
502-597-5931 (Fax)

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