Economic effects of terrorist violence

Terrorism is a constant companion of history and today has become an inevitable part of every country's economy, both in theory and in practice. This paper will analyze and examine the economic implications of terrorism, links between the incidence of terrorism and the state of a country's...

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Main Author: Krstić Marko
Format: Article
Language:English
Published: University of Pristina in Kosovska Mitrovica, Faculty of Economics 2016-01-01
Series:Ekonomski Pogledi
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2016/1450-79511603029K.pdf
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author Krstić Marko
author_facet Krstić Marko
author_sort Krstić Marko
collection DOAJ
description Terrorism is a constant companion of history and today has become an inevitable part of every country's economy, both in theory and in practice. This paper will analyze and examine the economic implications of terrorism, links between the incidence of terrorism and the state of a country's economy, as well as to present the basis for the analysis of terrorism within the economic framework. Terrorism has multiple roots and produces multiple effects, which can contribute to the significant decline in the economy of a state, and in some cases may be affected even in countries that are not included in the act. Although attention to the threat of terrorism is often focused on the death and injury caused by the terrorist attacks, acts of violence can also cause significant economic damage. Economic considerations come on the agenda in any discussion on this subject, but it certainly was difficult for scientists and policymakers to achieve a consensus on what is the role of the economy in fostering terrorism and how economic analysis can be useful for understanding terrorism and in creating strategies and specific policies to fight it.
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spelling doaj.art-3e07c2392ff04e1cacb08f07b9ad04922024-04-03T17:28:07ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702016-01-01183295110.5937/EkoPog1603029K1450-79511603029KEconomic effects of terrorist violenceKrstić Marko0https://orcid.org/0000-0003-1947-4794Ministarstvo unutrašnjih poslova Republike Srbije, Policijska uprava u Šapcu, SerbiaTerrorism is a constant companion of history and today has become an inevitable part of every country's economy, both in theory and in practice. This paper will analyze and examine the economic implications of terrorism, links between the incidence of terrorism and the state of a country's economy, as well as to present the basis for the analysis of terrorism within the economic framework. Terrorism has multiple roots and produces multiple effects, which can contribute to the significant decline in the economy of a state, and in some cases may be affected even in countries that are not included in the act. Although attention to the threat of terrorism is often focused on the death and injury caused by the terrorist attacks, acts of violence can also cause significant economic damage. Economic considerations come on the agenda in any discussion on this subject, but it certainly was difficult for scientists and policymakers to achieve a consensus on what is the role of the economy in fostering terrorism and how economic analysis can be useful for understanding terrorism and in creating strategies and specific policies to fight it.https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2016/1450-79511603029K.pdfterrorismthe economythe costthe fight against terrorism
spellingShingle Krstić Marko
Economic effects of terrorist violence
Ekonomski Pogledi
terrorism
the economy
the cost
the fight against terrorism
title Economic effects of terrorist violence
title_full Economic effects of terrorist violence
title_fullStr Economic effects of terrorist violence
title_full_unstemmed Economic effects of terrorist violence
title_short Economic effects of terrorist violence
title_sort economic effects of terrorist violence
topic terrorism
the economy
the cost
the fight against terrorism
url https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2016/1450-79511603029K.pdf
work_keys_str_mv AT krsticmarko economiceffectsofterroristviolence