Citation

Baumert T. Policing (Oxford) 2008; 2(4): 434-440.

Copyright

(Copyright © 2008, Oxford University Press)

DOI

10.1093/police/pan058

PMID

unavailable

Abstract

Terrorism has evolved into a sort of economic war that tries to economically erode its opponent. Thus, economic and financial institutions have become a main objective of terrorism. Nevertheless, financial markets can be seen to be involved in an attack not just as a victim, but also as an instrument. The recurring question that arises when analysing the stock market reaction after large-scale attacks, is the possibility that terrorist groups exploit 'insider information' about these events not just to finance them, but to obtain large profits from them that might be used in maintaining the infrastructure of the organization in question. Our article explores this possibility and suggests the observation of financial markets as a source of information of upcoming attacks.

Language: en