The Global Economic Impact of Terrorism

Abstract In general, when analyzing the costs of armed conflict, literature most often relates to civil wars or interstate conflicts. The moment September 11, 2001 marked beginning a new concern in economy, namely economic cost terrorism. Terrorism is form conflict which acts violence are directed at non-combatants civilians who usually unrelated political target group that committed it. This article analyzes existing data on terrorist by non-state parties subnational groups. this article, we will also look impact terrorism has world economy (including both developed and underdeveloped states). We find although it significant global devastating effects felt economies whose poverty inequality do not allow for rapid sustained response