Today, no single issue dominates the global political landscape as much as terrorism. Aware of their unique position in the newly unipolar world, terrorist leaders have articulated that economic warfare is a key component of the new terrorist agenda. Governments have accentuated the role of economic tools in their counter-terrorism policies while maintaining emphasis on the application of military force, or 'hard power', even though such tools often prove unnecessarily blunt or even sorely inadequate. Given the complexity of the global threat posed by modern transnational terrorist groups, combating terrorism with a mix of 'hard' and 'soft power' is more important than ever. As an invaluable new book in terrorism studies, Terrornomics brings together contributions from renowned international scholars and practitioners to provide a multifaceted view of contemporary financial counterterrorism and terrorist funding efforts. It employs key concepts, terms, case studies and policy recommendations to advance our understanding of the threats and possible courses of action, thus enabling us to grasp the critical financial and economic issues while providing potential counterterrorist strategies.

Sean S. Costigan is Project Leader at MIT CogNet, USA. David Gold is Associate Professor of International Affairs at GPIA, The New School, USA.

Contents: Foreword; Introduction, Sean S. Costigan; Part 1 Financing Terror: The evolution of terrorist financing since 9/11: how the new generation of jihadists fund themselves, Loretta Napoleoni; Funding evil: how terrorism is financed and the nexus of terrorist and criminal organizations, Rachel Ehrenfeld; Substantiating the nexus between diaspora groups and the financing of terrorism, Michel Hess; An analysis of the role of Iranian diaspora in the financial support system of the mujahedin-e khalq, Mark Edmond Clark. Part 2 Issues and Analyses: Arms and terrorism: tracing the links, William D. Hartung and Frida Berrigan; The United States, small arms and terrorism, Rachel Stohl; Terrorists and the internet: crashing or cashing in?, Sean S. Costigan; Preventing terrorist best practices from going mass market: a case study of suicide attacks 'crossing the chasm', Rockford Weitz and Stacy Reiter Neal; Free trade and terrorism, Katherine Barbieri and Swapna Pathak. Part 3 Policies: Institutionalized responses to 9/11, Rico Carisch; Using sanctions to fight terrorism, Gary Clyde Hufbauer and Thomas Moll; The brittle superpower, Stephen E. Flynn; Glossary; Index.