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Terrorist financing beyond 9/11

Author

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  • Loretta Napoleoni

    (G Risk, London)

Abstract

This article analyzes the impact of counter-terrorism policies, e.g., the Patriot Act and the war in Iraq, on the financial structure of European terror networks and argues that such policies, far from defeating Jihadist activities, ended up boosting them. In response to such measures, terror finances have been skillfully restructured, the main changes being the decentralization of funding activity in Europe and in the Middle East and the declining cost of terrorist attacks.

Suggested Citation

  • Loretta Napoleoni, 2007. "Terrorist financing beyond 9/11," Economics of Peace and Security Journal, EPS Publishing, vol. 2(1), pages 41-44, January.
    • Handle: RePEc:epc:journl:v:2:y:2006:i:1:p:41-44
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    File URL: http://www.epsjournal.org.uk/index.php/EPSJ/article/view/40
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    Cited by:

    1. J. Paul Dunne, 2017. "War, peace, and development," Economics of Peace and Security Journal, EPS Publishing, vol. 12(2), pages 21-31, October.

    More about this item

    Keywords

    Terrorists; finance;

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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