ABSTRACT

This chapter discusses existing research and expertise to create a foundation for the study of the economics of terrorism. Economic decision-making plays a significant part in each aspect of terrorism. Terrorism tactics had changed to use simpler attacks against non-traditional and softer civilian targets in Organisation of Economic Cooperation and Development countries. The first step in understanding the economic structure of terrorism is to determine the decision-makers who are involved in the choices surrounding terrorism. The majority of terrorism was used during armed conflict or while countering repressive political regimes. Terroristic activities are carried out for the purpose of terrorism, whose goal is the furtherance of political or social agendas through the disruption of lives and governments, destruction of property and opportunities, and increase in fear and uncertainty. In relation to terrorism, the international community is an international coalition of governments and nongovernment actors who work together in various capacities to eliminate terrorist threats.