The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Terrorism, Economics Of

  • S. Brock Blomberg
  • Gregory D. Hess
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_2107

Abstract

This article provides a comprehensive study of the economic determinants of domestic and transnational terrorism and the role that the economy plays in fostering a more peaceful world. We describe the research associated with the microfoundations of terrorist groups and how they organize. We also analyse models of conflict resolution to investigate the relative importance of macroeconomic factors for domestic and transnational terrorism. We describe a number of data-sets employed by researchers in the field and end by describing the most recent research which investigates the linkages between terrorism, democratization, globalization and development.

Keywords

Civil conflict Democratization Development Foreign direct investment Globalization Gravity models International trade Terrorism, economics of War and economics 

JEL Classifications

E6 H1 H5 D74 O11 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • S. Brock Blomberg
    • 1
  • Gregory D. Hess
    • 1
  1. 1.