This study empirically verifies the effect of terrorism on financial development and how globalisation and governance … modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study …, namely, the: number of terrorism incidences and number of terrorism deaths. The methodology involves the pooled data …

In this paper we investigate whether the effects of terrorism in one country spillover to affect trade in neighboring … stock measures of terrorism, and even for terrorist incidents with zero casualties. Spillovers from terrorism are relatively … long-lived, depressing bilateral trade up to five years after a terrorist event. Our findings are consistent with terrorism …

Usually, studies analyzing terrorism focus on the total number of casualties or attacks in a given county. However, per … capita rates of terrorism are more likely to matter for individual welfare. Analyzing 214 countries from 1970 - 2014, we show … terror per capita. A larger share of Muslims in society is, if anything, associated with less terrorism. Similar conclusions …