Does a cutback in external funding reduce incidence of foreign sponsored terrorism?

It is shown that a cutback in external funding would reduce the incidence of foreign sponsored terrorism in the home country, but the magnitude of the reduction will be somewhat smaller than normally expected because of the precipitous fall in the price of terror caused by home currency depreciation...

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Bibliographic Details
Published inApplied economics letters Vol. 22; no. 18; pp. 1465 - 1468
Main Author Parai, Amar K.
Format Journal Article
LanguageEnglish
Published London Routledge 12.12.2015
Taylor & Francis LLC
Subjects
Currency devaluation
Economic analysis
exchange rate
Exchange rates
Foreign exchange rates
Funding
illegal transfer
Studies
Terrorism
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Summary:It is shown that a cutback in external funding would reduce the incidence of foreign sponsored terrorism in the home country, but the magnitude of the reduction will be somewhat smaller than normally expected because of the precipitous fall in the price of terror caused by home currency depreciation.
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ISSN:1350-4851
1466-4291
DOI:10.1080/13504851.2015.1039697