Terrorism And Its Effects On The War On Terrorism

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WAR ON TERRORISM Terrorism is harassment, destruction, suicide attack and killing of innocent people because of no reasons. Charles Townshend (2002) defined terrorism as “the calculated use or threat of violence to inculcate fear, intended to coerce or intimidate governments or societies”. Michael (2007) defined terrorism as “public harassment, wave of agitation, protest against the government, damage to public and private property in order to draw the attention of the authorities” It is multifaceted which means it has local, national and international dimensions and involves various factors including the most important ‘Non-State Actors (NSA’s). Terrorism disturbs the people, damage infrastructure, cause a decline in economy, bring political instability, and break the society socially. Terrorism affects the economic growth of a country by lowering foreign direct investment (FDI), capital formation, investment and increases risk perception. When we look around the world from a historical background, we see that war had affected countries, whether it is in Africa, Asia, Europe or any other place almost every region has suffered alike. More terrorist attacks at citizens, their property, transport and airports lead to lower capital formation and low GDP per capita income. In a survey of estimates by popular newspaper, The New York Times, the cost to USA of 9/11 is $3.3 trillion or about $7 million for every dollar that Al Qaeda spent planning and executing the attacks. War on

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