Terrorist financing provides funds for terrorist activity. It may involve funds raised from legitimate sources, such as personal donations and profits from businesses and charitable organizations, as well as from criminal sources, such as the drug trade, the smuggling of weapons and other goods, fraud, kidnapping and extortion. Terrorists use techniques like those of money launderers to evade authorities’ attention and to protect the identity of their sponsors and of the ultimate beneficiaries of the funds. However, financial transactions associated with terrorist financing tend to be in smaller amounts than is the case with money laundering, and when terrorists raise funds from legitimate sources, the detection and tracking of these funds becomes more difficult. Terrorist financing provides funds for terrorist activity. The discipline of economics has many concepts that are relevant to an understanding of terrorism supply and demand-costs and benefits etc. The text also presents forth the most up-to-date information on terrorism, understanding the ways in which terrorism affects culture, economics and politics. It is hoped that the erudition and insight of this book foster a better understanding of the issue of terrorism.”