Conclusions

Abstract

In this chapter, there are additional analysis for the effects of globalization on terrorism and the economic effects of terrorism for all the developing regions. The results for all the developing countries indicate that globalization in various forms often did lead to higher levels of terrorism. Foreign investment levels, however, were unaffected by terrorism. In the case of tourism, any effects for all the developing countries were random. Overall, the strongest evidence indicated that globalization in different ways was associated with later terrorism. There were relatively few indications that terrorism had effects on changes in foreign investment or tourism, which would indicate that more research is necessary.