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Causal factors of terrorist attacks on countries, and corresponding spill-overs between them

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  • Kelejian, Harry H.
  • Mukerji, Purba

Abstract

This paper quantifies spill-overs of terrorist attacks between countries through a variety of factors. One of these factors is Hawala, a vast informal funds transfer system providing speedy, untraceable funding and money laundering for global terrorism. This issue is quite relevant given the rise of terrorist organizations such as the Islamic State, with vast and difficult to track cash earnings.

Suggested Citation

  • Kelejian, Harry H. & Mukerji, Purba, 2022. "Causal factors of terrorist attacks on countries, and corresponding spill-overs between them," European Journal of Political Economy, Elsevier, vol. 72(C).
    • Handle: RePEc:eee:poleco:v:72:y:2022:i:c:s0176268021000811
    DOI: 10.1016/j.ejpoleco.2021.102092
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    More about this item

    Keywords

    Terrorist attacks; Spill-overs between countries; Hawala; Illegal international money transfers;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F39 - International Economics - - International Finance - - - Other

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