Volume: 19 Issue-01 (January-June) 2024

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AN EMPIRICAL STUDY ON THE RELATIONSHIP BETWEEN GLOBAL TERRORISM AND TRADE ALONG WITH ITS IMPACT AND POLICY IMPLICATIONS

ABSTRACT

The deliberate use of violence or the threat of violence by individuals or subnational groups to achieve a political or social goal by intimidating a sizable audience beyond the immediate victim is known as terrorism. Terrorist occurrences typically take many different forms, including threats, bombings, kidnappings, suicide assaults, hijackings of aeroplanes, and assassinations. Although terrorists may have different motivations, their activities always follow a similar pattern. The goal of terrorist acts is to exert enough pressure on a government to force it to make political compromises. A besieged government will come to terms if it believes that the cost of giving in to terrorist demands will be lower than the consequences of predicted future terrorist activities. Therefore, if a terrorist organisation is able to increase the campaign's consequences, it should be able to accomplish its purpose more quickly. These repercussions might take many different forms, such as fatalities, demolished structures, increased worry, and numerous financial expenses.

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