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Terrorism and the Invisible Hook
Author(s) -
Blomberg S. Brock,
Fernholz Ricardo,
Levin John-Clark
Publication year - 2013
Publication title -
southern economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.762
H-Index - 58
eISSN - 2325-8012
pISSN - 0038-4038
DOI - 10.4284/0038-4038-2012.290
Subject(s) - terrorism , prosperity , hook , order (exchange) , politics , construct (python library) , political economy , political science , economic security , root (linguistics) , development economics , computer security , economics , law , engineering , computer science , linguistics , philosophy , structural engineering , finance , programming language
This article investigates and compares the root causes of transnational terrorism and piracy. In order to accomplish this, we construct a novel data set that catalogues terrorist activity and piracy over the years 1992–2008, paying particular attention to the Arabian Sea and Indian Ocean since 1991. These data are then merged with other information detailing the economic, political, and security posture of each organization during the same period so that we can examine the relationship between economic prosperity, security, terrorism, and piracy. The main conclusion is that terrorism is mostly unrelated to economic conditions, while piracy responds to both economic payoffs and military deterrents.