Terrorism as Economic Warfare
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The choice of targets for terrorist attacks is often considered to be random or illogical. In other cases targets are seen as being chosen for their symbolic importance to the audience the terrorists are seeking to reach or to indicate that no area of the country is safe. Terrorist groups, however, also choose their targets because of the economic impact that the attacks will have. There are patterns in economic attacks since different groups choose different kinds of targets. There may be increases in economic targeting, especially in the tourism sector where attacks create economic hardship and to reduce revenues for the governments. Foreign investment projects have also become frequent targets because of their economic potential for increasing government capacities. Trade activities and foreign aid projects have also become targets. In an increasingly global economy, such attacks have an even greater potential for destabilization effects.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
Articles in the same Issue
- Article
- Measurement of a Multidimensional Index of Globalization
- Terrorism as Economic Warfare
- The Effectiveness of Fed Intervention on the USD/DM Foreign Exchange Market
- Trade Liberalisation in Environmental Services: Why So Little Progress?
- Globalization and Wage Inequality in the Canadian Manufacturing Sector: A Time Series Analysis
Articles in the same Issue
- Article
- Measurement of a Multidimensional Index of Globalization
- Terrorism as Economic Warfare
- The Effectiveness of Fed Intervention on the USD/DM Foreign Exchange Market
- Trade Liberalisation in Environmental Services: Why So Little Progress?
- Globalization and Wage Inequality in the Canadian Manufacturing Sector: A Time Series Analysis
