The economic cost of the Islamic State on the Syrian and Iraqi economies
Document Type
Article
Publication Date
1-1-2018
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.
Keywords
Economic desgrowth, Economic modeling, Iraq, ISIS, Syria, Terrorism, War
Divisions
FacultyofEconomicsAdministration
Publication Title
Quality & Quantity
Volume
52
Issue
4
Publisher
Springer Verlag