Terrorism
The Hidden Aftermath: Economic Costs after Terror

According to the Institute for Economics and Peace Global Terrorism Index (GTI) of 2014, violent acts of terrorism have increased dramatically, with estimates indicating a five-fold upsurge since 2000. In total throughout the last 15 years there have been over 48,000 terrorist incidents which have claimed over 107,000 lives.
The majority of these incidents (over 60 percent) have occurred in Iraq, Afghanistan, Pakistan, Nigeria, and Syria. However, since 2013 the rest of the world has also observed a 54 percent increase in terrorist incidents. This increase and the impact associated to the activities of international terror organizations have been felt significantly among some of the Greater Caspian States. For example, Russia, according to the GTI, is now the 11th most likely nation (out of 124 states) to observe the highest impact of terrorism.
Out of the five littoral Caspian states this ranking places them as holding the highest risk. The nation observing the next highest risk indicator is Turkey, ranked as the 17th state to observe the highest impact of terrorism. This is becoming increasingly more relevant with groups such as DAESH encroaching upon its border. Next, Iran ranks as the 28th nation to observe a high to medium risk of terrorism. This is because Iran’s threat from DAESH manifests itself as a clash between a regional Shia power and a Sunni-driven extremist group. The nations of Russia, Iran, and Turkey have not just felt this impact in its violent form but have also felt the economic misfortunes associated with the financial impact of terrorism. This is a major underlying issue, yet one still far less emphasized in contemporary political discourse. This is because not only do acts of terrorism have an impact on the global market, but they also generate instability among national financial markets and alter domestic economic policies and practices. These consequences have significantly shaped the economic policies and behaviors of the Greater Caspian states.
There are two categories associated with the economic costs of terrorism. First, primary or direct costs related to immediate destruction or property and life in the aftermath of a terrorist event. For Russia, the primary cost of the Sinai Airliner bombing was the resulting 127 civilian casualties, the loss of one airplane, and the resultant impact on the lucrative Russian tourism industry. Turkey’s primary costs have been observed through suicide bombings against Turkish activists in Kobani, Syria, as well as similar acts of terror in its capitol of Ankara and the historic city of Istanbul. Moreover, Iran observed a psychological blow after Brig. Gen. Hosseiin Hamedani, a commander of the Islamic Revolutionary Guards Corps (IRGC), and more than a dozen other soldiers working as advisors to assist with Russian airstrikes were killed in Syria. And while each of these acts generates sizeable economic and psychological effects, the secondary costs are more complex with long-term cascading consequences.
For example, the aftermath of terrorist activities required each of the above-mentioned nations to increase security, generate new military expenditures, and fulfill subsequent insurance payments. Moreover, a nation on the receiving end of any act of terror will observe increased uncertainty in markets, decreased foreign investments due to this uncertainty, as well as altered trade, consumption, and savings and/or investment behaviors. The common theme with these secondary indicators is that each causes a disruption to the local economy that is quite significant. For instance, the price tag of Russian airstrikes in Syria are now costing Moscow up to $4 million USD per day; Iran’s commitment has topped $6 billion annually (out of its’ $15 billion USD military budget) to assist in propping up the Assad regime in its fight against DAESH; and Turkey has also increased its military spending 25 percent since 2014 (Up from $17 billion USD to 22.6 billion USD), while at the same time spending over $8 billion USD to host and assist in the Syrian refugee crisis. To aggravate matters even more, Turkey shot down a Russian jet after it violated its airspace, which in turn has strained international relations, increased regional tensions, and produced sanctions against them from Moscow in retaliation. These negative affects have now become collateral costs in the combined fight against Islamic extremist groups like DAESH, spilling over into the areas of tourism, trade, and energy, from which both Turkey and Russia are highly co-dependent upon each other.
Tourism, whose relationship with terrorism is strongly interconnected, has been significantly impacted not only in Russia and Turkey, but in the other Greater Caspian states as well. For example, terror attacks influence the entire tourism industry. An illustration of this phenomenon can be observed after the Russian airliner was proven to have been a target of DAESH militants and both Russia and Great Britain suspended flights to Egypt’s Sinai Peninsula. This decision has severely impacted Egypt’s tourist industry because Russia and Great Britain are Egypt’s biggest tourist markets and a critical source of industrial income. Estimates indicate that Egypt could lose 2.2 billion Egyptian pounds—about $280 million USD—per month due to these flight cancelations, while at the same time Russian tour operators have lost over 1.5 million Rubles—about $23 million USD—since flights were suspended.
There is no doubt that the cost of terror is larger than the initial psychological and physical blows delivered. The financial impact of terrorism and the economic consequences cascading from international terrorist activities has undoubtedly affected the Greater Caspian States in many secondary capacities. And while the result is not zero-sum to these economic anxieties, one should hope that the economic policies of the Greater Caspian States is stronger and longer lasting than the ideology of the diehard Islamic jihadists with whom they are currently at war with.
Terrorism
Terrorism a Collective Problem and its Challenges

Terrorism has become a global problem that affects everyone regardless of race, religion, or nationality. The recent US report that warned of the availability space for terrorist groups in the Afghanistan is a clear indication that terrorism is not just a local problem, but a global one. The fight against terrorism requires a collective effort and a shared responsibility from all nations, as no single country can single-handedly tackle this menace.
Afghanistan has been a hotspot for terrorism for decades. The region has been home to various terrorist groups, including the Taliban, Al-Qaeda, and ISIS.
The fight against terrorism requires a collective effort from all nations. It is not only Pakistan’s responsibility. It is essential for all nations to work together to address the root causes of terrorism. This includes addressing issues such as poverty, inequality, and political instability. It also requires effective law enforcement, intelligence gathering, and cooperation between nations.
Pakistan has long been a victim of terrorism, with thousands of innocent lives lost and billions of dollars of economic damage inflicted upon the country. One of the main factors contributing to this scourge has been the instability and insecurity in neighboring Afghanistan, which has allowed terrorist groups to thrive and operate with impunity. In recent years, there have been growing concerns about the resurgence of these groups in the region, which poses a significant threat not only to Pakistan but also to the wider international community.
The United States, which has been involved in the war in Afghanistan for the past two decades, has been one of the main actors in trying to address this issue. However, a recent US report has warned that despite the presence of thousands of US troops and billions of dollars in aid, terrorist groups were once again regrouping along the Pakistan-Afghanistan region. This has raised serious questions about the effectiveness of the US-led intervention in the region and the future of regional stability and security.
Pakistan has also been voicing its concerns about the terrorist resurgence in Afghanistan for a long time, and has been making concerted efforts to tackle the issue. This has included high-level diplomatic efforts, including numerous meetings and consultations with other countries, as well as increased security measures within Pakistan’s borders.
One of the main challenges faced by Pakistan has been the lack of cooperation from the Afghan government, which has been unable to control the territory and prevent the resurgence of terrorist groups. This has led to a situation where Pakistan has been forced to bear the brunt of the violence and instability in the region, even as it continues to make efforts to address the issue.
However, despite these challenges, Pakistan has remained committed to its efforts to tackle terrorism and to work with other countries in the region and beyond to address this common threat. This has included a strong focus on intelligence sharing, joint operations, and other measures aimed at disrupting terrorist networks and preventing attacks.
At the same time, Pakistan has also been making efforts to address the underlying issues that contribute to the spread of terrorism, including poverty, inequality, and lack of education and opportunity. This has included a range of social and economic development programs aimed at addressing these issues and providing a more stable and prosperous future for the people of Pakistan and the wider region.
Despite these efforts, however, the resurgence of terrorist groups in the region remains a major concern, and requires a concerted and sustained effort from all actors involved. This includes the Afghan government, regional powers such as Iran and India, and the international community as a whole. Only by working together can we hope to address this common threat and ensure a more stable and secure future for the region and the world as a whole.
Terrorism is indeed a common problem and a shared responsibility, and requires a collaborative approach from all actors involved. Pakistan, as a victim of terrorism, has been making concerted efforts to address this issue, but faces significant challenges in the form of the resurgence of terrorist groups in the region. It is therefore incumbent upon all actors to work together to address this issue and to ensure a more stable and secure future for the region and the world as a whole.
Terrorism
U.S.-Pakistan Two-Day Counterterrorism Dialogue

On March 6–7, 2023, Pakistan and the US had a Two-Day Counterterrorism Dialogue during which they reiterated their commitment to combat terrorism. A variety of subjects were discussed throughout the course of the two days of discussions, including counterterrorism cooperation in multilateral fora, assessments of the regional counterterrorism environment, cyber security, and battling violent extremism. The US assistance projects in Pakistan were discussed, with a focus on strengthening the judiciary and anti-money laundering sectors.
Earlier, the US made several remarks in support of Pakistan’s anti-terrorism efforts. It is important to note that this increased support occurred in the wake of the TTP’s worst strikes in recent months, particularly those in Peshawar and Karachi. A research group in Islamabad called the Pakistan Institute for Conflict and Security Studies recently revealed numbers showing that January 2023 was one of the bloodiest months since July 2018 with 134 deaths and 254 injuries from at least 44 militant attacks across the nation.
Moreover, at the end of 2022, at least nine attacks in the restive southwestern province of Balochistan, killing at least six security officers. Tehreek-e-Taliban Pakistan (TTP), an armed organization often known as Pakistani Taliban due to its ideological affinities with the Afghan Taliban, has so far claimed responsibility for two of those attacks. Since the TTP ended a ceasefire agreement in June 2022 with the government unilaterally, it has urged its militants to conduct attacks across the country.
The Pakistan Institute for Peace Studies (PIPS), a research group with offices in Islamabad, calculates that the TTP and its affiliate organizations carried out more than 150 attacks in the first 11 months of 2022, killing more than 150 people, the majority of whom were members of law enforcement agencies.
Residents of the tribal agencies and the surrounding areas, which include towns like North Waziristan, Bajaur, and Bannu, have been complaining about the TTP fighters’ increasing presence since they started setting up checkpoints and demanding ransom from traders at least since last year.
As a result of the Afghan Taliban’s success in 2021, the TTP has intensified its efforts to persuade Islamabad to adopt its demands at the bargaining table, according to analysts.
One of the TTP’s fundamental demands is that the government reinstate the autonomous status of the tribal region bordering Afghanistan. The KP province amalgamated with the tribal agencies, which were formerly a center of Taliban violence. TTP also wants the security forces of Pakistan to leave the area.
The TTP has been fighting the government of Pakistan since its founding in 2007. They are calling for stricter application of Islamic law, the release of their members who have been detained by the government, and a reversal of the merger of Pakistan’s tribal regions with Khyber Pakhtunkhwa province. According to the Pak Center for Peace Research, terrorist attacks in Pakistan increased by 50% in the year after the Taliban took control of Kabul, resulting in the deaths of about 433 individuals (PIPS).
In a nutshell, the US’s affirmation of its support for Pakistan in its counterterrorism operations is timely given that security threats to Pakistan will not only persist there but will expand to the rest of the region, and the US is not far behind these concerns, particularly in this cyber age. The United States has reiterated that the security relationship with Pakistan is ‘important’ and that many of the threats that Islamabad faces “could well in turn be threats to us”
Terrorism
Violent Extremist Organizations Threaten West Africa’s Development

Violent extremist organizations, such as militant Islamist groups, have been a major threat to West Africa’s development. In Burkina Faso, these organizations have spread instability through violent events and have become increasingly active in the Sahel region (Brottem, 2022). The presence of these extremist groups has led to persistent instability across much of West Africa, from Mali in the north to coastal regions in the south. Islamist extremism has been particularly pervasive in the Sahel region, resulting in widespread insecurity and instability hampering development efforts (Council on Foreign Relations, 2023).
Burkina Faso is among the countries most affected by this phenomenon, as it has seen a dramatic rise in militant Islamist groups in recent years (Brottem, 2022). These extremist groups are linked to other littoral countries, such as Cote d’Ivoire, and they have been responsible for numerous terrorist attacks against rural inhabitants and security forces. This has led to a heightened sense of insecurity among West Africa’s coastal countries, which are increasingly vulnerable to extremism (Aubyn, 2021). The below map from The Economist depicts highly concentrated areas of terrorist attacks in the West African Region. This picture highlights that from 2019-2022, the trajectory is pointed upward, sending discomfort, and spells trouble for these affected countries.

The presence of weakened economies and widespread poverty in West African countries has made them especially susceptible to recruitment by violent extremist groups (Council on Foreign Relations, 2023). These extremist groups have been responsible for several severe human rights violations, including forced displacement, sexual violence, torture, and extrajudicial killings. In the Sahel region, terrorist groups such as al-Qaeda in the Islamic Maghreb (AQIM) and Boko Haram have been responsible for a series of attacks that have further destabilized the region. As a result of this instability, African states are struggling to respond adequately to these challenges posed by violent extremism (Senior Study Group on Coastal West Africa, 2022). Furthermore, it is becoming increasingly difficult for regional governments to protect their citizens from human rights violations perpetrated by extremist organizations and their affiliates in coastal areas (Security Council Report, 2021).
Violent extremist organizations continue to threaten West Africa’s development as they are responsible for regional instability and attacks across the continent. The region has suffered through violent political crises, wars that engulfed Liberia and Sierra Leone in the 1990s, and extremist attacks in Nigeria, including those of Boko Haram (Siaplay & Werker, 2023). In recent years, Nigeria has faced insurgencies from terrorist groups such as Daesh. All these events have affected West African countries’ ability to achieve sustained economic growth or lasting peace. Even with increased security measures by local governments, it is difficult to prevent extremist violence due to the lack of resources available for counterterrorism operations (Senior Study Group on Coastal West Africa, 2022). Civil wars and other extremism have caused instability in many areas throughout West Africa, making it difficult for nations to focus on developing their economies or providing basic services such as health care or education (UN Deputy-General Mohammed, 2022).
The below figure from the Center for Strategic International Studies illustrates the many coups, with some successes and failures. However, the picture presented here alone does not do justice to the current security situation in this volatile region. These recent coups have had great impacts on security and other development projects. The most notable ones are in Burkina Faso, where two coups were staged in less than a year, which is not captured in this picture. The violent groups always capitalize on gaps or gray areas where governments have little to zero control of their vast territories to settle and launch attacks against first security forces, then civilians.

With the help of their African partners, African governments must lead the way in creating a successful counterterrorism strategy that addresses these threats and creates conditions to improve the livelihood of their people (Sherwood-Randall, 2022). The instability caused by violent extremist organizations has devastated many countries on the continent, making it difficult for them to focus on development and economic growth. The threat these groups pose is real and requires concerted efforts from both African governments and other partners if they are to be defeated (U.S. Senate, Committee on Foreign Relations, 2016). It is essential that African countries work together in order to create peace and stability across the region so that citizens can have access to basic services, education, job opportunities, and economic growth.
West Africa is particularly vulnerable to the threat of violent extremist organizations, which can disrupt and impede the development of resilient, democratic societies. The Accra Initiative was established in 2012 to address this threat, with the aim of promoting collaboration between African member states and international efforts to combat violent extremism (Aubyn, 2021). In recent years, Burkina Faso has been a key focus for international efforts due to its strategic importance in West Africa. The country is situated in the Sahel region, bordering countries such as Niger and Mali where extremist groups are known to operate (Senior Study Group on Coastal West Africa, 2022). Due to extreme poverty and limited economic opportunities, many people living in Burkina Faso risk joining these groups out of desperation or coercion (U.S. Senate, Committee on Foreign Relations, 2016). It is, therefore, critical that national interests are prioritized when it comes to tackling extremism and creating stability throughout the region – including coastal areas, which may be vulnerable for different reasons – so that all citizens can have access to basic services without fear or insecurity (UN Deputy-General Mohammed, 2022).
Work countering extremism is essential to achieving this. West Africa is home to many extremist groups, with violent extremist organizations like Boko Haram and Ansaru wreaking havoc in the region. Persistent attacks against security targets and civilians have hindered development and created numerous security challenges (Haruna, 2022). It has become increasingly important for regional governments to take concrete steps toward tackling violent extremism. The Accra Initiative is a regional strategy that aims to counter violent extremism in West Africa through comprehensive action plans and cooperative efforts between member states (IRI, 2023). This initiative includes a range of initiatives such as improved border control, de-radicalization programs, and support for victims of violence – all of which will help reduce the threat posed by extremist organizations throughout the region. The Sahel region has been particularly hard hit by these challenges, with several countries facing ongoing instability due to numerous armed groups operating there.
Burkina Faso, in particular, has faced a significant increase in the number and strength of violent extremist groups, including jihadist groups and terrorist organizations (CISIS, 2016). These militant groups have employed subtle strategies to target regional economic interests and disrupt communal peace through violence and intimidation. This has devastated the development of countries in West Africa, like Burkina Faso (Aubyn, 2021). These extremist organizations seriously threaten stability and security in the region, making it difficult for governments to promote economic growth or tackle pressing issues such as poverty or inequality (Security Council Report, 2021).
Conclusion
Terrorist groups, terrorist organizations, and militant Islamist groups have all been active in West Africa, particularly in the Sahel region (Sherwood-Randall, 2022). Al Qaeda has been in the region for some time, although its power has waned over recent years. Other criminal organizations, such as Boko Haram and Ansar Dine, are also very active in the region. The presence of these extremist groups is having a huge impact on West Africa’s development prospects (Council on Foreign Relations, 2023). In order to tackle this security threat, increased cooperation between countries is needed, both at a regional and international level. International assistance from powerful nations such as the United States and France could be key to tackling these two major issues: violence perpetrated by Islamic extremist groups and poverty across the Sahel region (CISIS, 2016). However, there has been a huge lack of trust in France’s involvement in West Africa, which could also be a caveat in how these countries fight off these violent groups. It is essential that governments collaborate more effectively to combat these security threats if they are to ensure lasting economic growth for their citizens (U.S. Senate, Committee on Foreign Relations, 2016).
The continual attacks in the region mean development becomes a secondary priority for the leadership, exacerbating many citizens’ living conditions. This permissive environment created by violent extremist organizations underscores the inability of governments to foster better social policies to disengage the vibrant youths from engaging in social vices.
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