Terrorist financing beyond 9/11

Loretta Napoleoni

Abstract


This article analyzes the impact of counter-terrorism policies, e.g., the Patriot Act and the war in Iraq, on the financial structure of European terror networks and argues that such policies, far from defeating Jihadist activities, ended up boosting them. In response to such measures, terror finances have been skillfully restructured, the main changes being the decentralization of funding activity in Europe and in the Middle East and the declining cost of terrorist attacks.

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References


Burns, J.F. and K. Semple. 2006. “U.S. Finds Iraq Insurgency Has Funds To Sustain Itself.” The New York Times. 26 November 2006.

Graff, J. 2004. “Terror’s Tracks.” TIME Europe. 11 April 2004. http://www.time.com/time/europe/magazine/article/0,13005,901040419-610023,00.html [accessed 10 December 2006].

Napoleoni, L. 2004. Terror Incorporated. New York: Seven Stories Press.

Napoleoni, L. 2005. Insurgent Iraq, al Zarqawi and the New Generation. New York: Seven Stories Press.




DOI: http://dx.doi.org/10.15355/2.1.41

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