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How Does Terrorism Affect The Economy

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Literature Review: A. Terrorism and its Economic Cost: Even though terrorism has existed in countries throughout history, there has not found long-term impact. The reason for that it seems to be less significant and less interesting for scientists but, after 11 September terrorist attacks, it seems to be that it has changed. (Bergersen and Lizardo, 2004). Now, terrorism and its effects have moved to remarkable research topics. After 11 September, terrorist attacks have increasing trend all over the world. Even if it seems that terrorism is one of the main problems of the Middle East, European countries have suffered from terrorism and its painful results. When terrorism being the case, besides the human lives, other economic activities need …show more content…

Besides military expenditures, there are a lot of components that undermines economic growth. Terrorism activities lead to decreases in consumption, export, and investment (Eckstein and Tsiddon, 2004). Eckstein and Tsiddon study on the macroeconomic consequences of terror in Israel. They find that Israel’s GDP would be ten times larger now, if the country were not faced with terrorism between 2001 and 2004. Economic studies also show that terrorist activities can direct and negative effect on foreign direct investment (FDI) (Rasheed and Tahir, 2012). Shahbaz, Javed, Dar and Sattar (2013) study on the relationship between terrorist attacks and FDI in Pakistan. According to their findings, while there is a big increase in growth rate of foreign investment growth in 2000 which have the lowest attacks, there is a there is a big decrease in net foreign direct investment in 2007 which have the highest terrorist attack rate in Pakistan. This reduction is related terrorist activities due to the fact that terrorist activities decrease the foreign investor confidence. Other components that hinder economic growth are tourism, the number of firms and employment. Terrorism activities reduce tourism demand (Arana and Leo´n, 2007; Drakos and Kutan, 2003; Feridun, 2011). Associated with the number of firms and employment, Greenbaum, Dugan, and Lafree (2006) examine the effects of terrorist incidents on business outcomes in Italy. According to the results, the following year after terrorist attacks there is a significant decrease in employment level. Further, the firms which are affected terrorist activities are more likely to open new

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A great terror struck our nation September 11, 2001, two aircraft’s hit the world trade centers, killing 2000 people and injuring over twice as many. A third aircraft flew into the Pentagon while a fourth crashed in a rural area in Pennsylvania. This day will forever be engrained into history as one of the worst terror attacks faced in this nation. Nearly three years later, in an attempt to figure out what happened on that tragic day, scholars came together to discuss the possible parallels between foreign and domestic terrorist. The author, Michael Kimmel, outlines the possible cause of the 2001 attacks and offers us a link between both foreign and domestic terrorism.

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Domestic terrorism refers any forcefulness act exerted on the civilian population or the infrastructure of a particular nation. Mostly domestic terrorism is done by the citizens of the nation with the intention of coercing, intimidating the national policy. A lone wolf terrorist is a situation where a citizen performs a forceful act supporting or basing on ideology and beliefs of certain movements or groups. One person alone without any command or assistances does a lone terrorist from the group.

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that the nation has been constantly bombarded by terrorist organizations. Contrary to what the mass media showed as the target of the attack on September eleven(the people), the terrorist organization really wanted to cripple the United States and its economy. " the immediate impact of the 9/11 attack was to reduce real GDP growth in 2001 by 0.5%3. " It is true that the American economy was not only affected by that factor; but the attacks on September eleventh 2001 did play a leading role in the hurting of the economy. Discussed further, the decline of other great empires share this characteristic-with a failing economy a civilization is most likely doomed to fail.

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On the one hand, the goal of the EU is to form the closest possible union with the removal of borders for the free movement of people, goods and services, which in reality creates extremely favorable conditions for international terrorism. On the other hand, in order to prevent and defeat international terrorism, it is necessary to strengthen cross-border cooperation within the EU itself. Despite the establishment of institutions and the development of mechanisms for countering terrorism and crime at the EU level, national governments and bilateral cooperation that they carry out will remain the most important and effective actors in counter-terrorism activities.

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To begin with following both of these tragedies they brought the world closer together and gave the world a sense of security and gratefulness of our freedom. There were many similarities that conjoined these events; which were the United States fear of immigrants and dissidents, production declines and stock market decline after 9/11, improved technology to locate terrorist and terrorism activity, and lastly deportation and arrests of alien citizens. After the Red Scare many Americans had become afraid of alien citizens and some even went as far as to hurt and shun them out of our world. The same thing happened following 9/11; after the attacks many Americans had become petrified of and began to harass and put out hate crimes against South

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After a terrorist attack of any kind there are always consequences that must be faced. Sometimes the point of the terrorist attacks is because the organization wished to send a message or to influence policy in their favor. However, after the 9/11 attacks administrators realized that the United States was not prepared for a tragedy of this kind and had little to no measures to prevent one, this lead them to create new programs and policies. Terrorist organization’s goal often comes down to one of the following: regime change, territorial change, policy change, social control and status quo maintenance. The main purpose of a terror attack may well be to influence public policy.

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First, improving the preventions of terrorist travel will aid in curbing acts of terrorism within the States of America. Better policies and strategies of thwarting the terrorist travel should be established for as long as terrorism continues to exist. For example, security within various traveling points should be enhanced, and travelers that are suspicious should be subject to strict scrutiny. This will be an effective way of reducing the number of tourists that get into the country through different means, hence reducing

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This has happened against the rise in illegal immigration. To conclusion, the international community enough money is spend on counter-terrorism. It is very important to be able to prevent the root of terrorism in the long-run, than only fight terrorism. The immigration policy should be less strict, because they use a lot of national-based profiling, which is not correct.

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Terrorism and its impact on policing Stockton University Grizel Rivera 10/28/2015 Abstract Terrorism has not made a lasting impact on Americans until September 11, 2001. Since 9/11, research on terrorism has been increasing and it had been determined that terrorism is a complex area. So law enforcement needs to be educated on the different aspects of terrorism. Since September 11th, local, state, and federal law enforcement have made changes to become more effective in detecting terrorists and deterring attacks.

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The terrorist attack on September 11, 2001 had an enormous impact all across the United States. Since this life changing event the United States has taken extreme measures to ensure the safety of all American citizens. This deadly attack has led to many changes in Immigration and security (Krikorian 567). It has also contributed to the unnecessary judgements against ethnic backgrounds and religion (Chavez 563). The increase of racial profiling, fear and paranoia, upgrades in security, and decrease in immigration are all factors that contribute to the results of 9/11.

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After 9/11 the question of terrorism was very important. Ever more terrorist camps emerged, planning to threat the world with chemical, nuclear, etc. weapons. Some governments like North Korea and Iraq were said to "sponsor terror" and shatter the world peace. Bush Jr. stated that America's troops are training other countries' armies to fight terrorism. A big amount of the USA's budget was spent on the strengthening of the army and weapons to protect its citizens and also to help other states.

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Imagine running through the streets observing people weep and yell, the twin towers perish before them. Every ten seconds another horn beeps loudly to get the attention of those that are in a trance. Now, envision children alone or with family because their dad was a firefighter hastily rushing into the East tower to save those that were in the building. This event took place in New York on the date of 9/11/01, furthermore Muslim terrorists are responsible for this horrific event. From terror to hope justifies the events of 9/11 and the innocent Muslims that have to take the blame.

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Strengthening the economy will strengthen the military and money to pay for the cost to fight off terrorism. In John Kasich’s National Security Plan, he states “ Military strength requires strong economic strength”. Having such powerful and determine resources will help end

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The reality is that there are countless Muslim citizens all over America from countries in the Middle East and they come over here to “start” a normal life but are supporting terrorism. I have did research to ensure that the locations of the organizations listed on the photo is accurate and came out positive. The internet is has numerous of articles mentioning incidents with people around the country that have either tried to support terrorism or those who have been prosecuted for their crimes. Hezbollah along with other terrorist groups have already “invaded” the United States and it’s only in due time when another terrorist attack occur on American soil.

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In order to effectively prevent terrorism, the factors that cause it must be known. After extensive research, the causes of terrorism can be attributed to religion, economic deprivation, and globalization. Religion is one of the key factors that influence

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