The economic cost of the Islamic State on the Syrian and Iraqi economies

Ruiz Estrada, Mario Arturo and Khan, Alam and Park, Donghyun (2018) The economic cost of the Islamic State on the Syrian and Iraqi economies. Quality & Quantity, 52 (4). pp. 1707-1730. ISSN 0033-5177

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Official URL: https://doi.org/10.1007/s11135-017-0549-9

Abstract

In this paper, we evaluate the economic cost of the Islamic State on the Syrian and Iraqi economies from 2010 to 2016. To do so, we use the Post-Terrorism Final Economic Damage Simulator—PTFED-Simulator. The PTFED-Simulator assesses the economic damage of terrorism based on ten different indicators: (1) total regional terrorism tension (∆Tt); (2) harmonized anti-terrorist strategy (AT+); (3) war losses from terrorism (−πt); (4) total economic leakage from terrorism (−Ψt); (5) economic desgrowth from terrorism (−δt); (6) military dimension of terrorism (MDt); (7) post-terrorism economic damage (−Πt); (8) post terrorism economic damage evaluation; (9) post-terrorism reconstruction plan (PTRt); and (10) terrorism effect on mega-disk networks mapping. Overall, we seek to evaluate the impact of terrorism on economic performance from a multi-dimensional perspective in both the short run and long run.

Item Type: Article
Uncontrolled Keywords: Economic desgrowth; Economic modeling; Iraq; ISIS; Syria; Terrorism; War
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Faculty of Economics & Administration
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 09 Apr 2019 07:49
Last Modified: 09 Apr 2019 07:49
URI: http://eprints.um.edu.my/id/eprint/20858

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