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Livelihood of Terrorism: Countering Terrorism in Finance
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Livelihood of Terrorism: Countering Terrorism in Finance

Synopsis

Terrorism can be healed only when such people understand the mistaken illogic of any ideology that inspires terrorism and incites to violence—and when they realize that going along with it can never get them anywhere. Until those ideologies errors and contradictions are revealed, all measures taken against terrorism can be short-term only. Soon terrorism will emerge again, in different places and under different circumstances, behind a different mask. Terrorist financing provides funds for terrorist activity. It may involve funds raised from legitimate sources, such as personal donations and profits from businesses and charitable organizations, as well as from criminal sources, such as the drug trade, the smuggling of weapons and other goods, fraud, kidnapping and extortion. The discipline of economics has many concepts that are relevant to an understanding of terrorism supply and demand-costs and benefits etc. Fully developed economic or econometric models of terrorism are quite rare, however, and often involve such things as “psychic” costs and benefits. More down-to earth economic theories can be found in the literature on deterrence.

Contents: Preface. 1. The ideological foundation of terrorism. 2. The rise of terrorism. 3. Counterterrorism and Military or economic options. 4. Information terrorism. 5. Home-grown terrorism. 6. Changing nature of terrorism. 7. Economic, capitalism and terrorism. 8. Terrorism financing system. Bibliography. Index.

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Amitabh Bhatt

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