economic terroris and its impact on economy of pakistan

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Economic TerrorismBy : BASIT , KAMRAN , ASGHAR

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ABDUL BASIT Roll no : 33

AgendaWhat is economic terrorism?Why Such Terrorism is Preferred by

Terrorist?Economic terrorism in Pakistan.Challenges faced.Conclusions.Suggestions.Effects of economic terrorism in Pakistan.Socio economic effects of terrorism .

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What is Economic Terrorism?The act by any group or

state for the sole and illegal purpose of creating economic chaos and collapse as a means of destroying the attendant society.

Is the most lethal weapon for any anti-social element.

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Economic TerrorismIt is carried out to

undermine a country to mount defense or even exist.

Effects economic terrorism are massive and long lasting.

The 9/11 incident is one of the biggest act of economic terrorism.

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Why Such Terrorism is Preferred by Terrorist?To give massive damage to a country in a

single attack.

To break the military defense system.

To spread fear among average citizen.

To cripple the economy of a country.

Economic Terrorism in Pakistan

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Economic Terrorism in PakistanSince 9/11, many countries have been

subjected to economic terrorism.

The incident of 9/11 greatly affected Pakistan’s defense and economic condition.

Frequent suicide bombing is the main cause of spreading of economic terrorism in Pakistan.

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Effects of Economic Terrorism in PakistanEconomic terrorism is costing Pakistan both

economical and human lives loss.In 2009, Pakistan’s GDP rate

.

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Effects of Economic Terrorism in PakistanThe inflation in Pakistan between june 2013-jan

2014 is 10.09%.

Thousands of people have died due to suicide bombing

On the name of War on Terror, Pakistan suffered loss of Rs.90 billion .

Pakistan cannot maintain its economy by itself and is now depending on foreign aids.

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  Civilians Security Force Personnel

Terrorists/Insurgents Total

2003 140 24 25 189

2004 435 184 244 863

2005 430 81 137 648

2006 608 325 538 1471

2007 1522 597 1479 3598

2008 2155 654 3906 6715

2009 2324 991 8389 11704

2010 1796 469 5170 7435

2011 2738 765 2800 6303

2012 3007 732 2472 6211

2013 3001 676 1702 5379

2014 619 183 441 1243

Total* 18775 5681 27303 51759

Fatalities in Terrorist Violence in Pakistan 2003-2014

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Challenges facedLack of leadership and weak political parties.

Unawareness in citizens.

Weak economic backbone

Inefficient security.

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ConclusionEconomic terrorism should not be taken

lightly.Economic terrorism is a very lethal weapon

that can cripple a country.It is carried out by anti-social elements due to

political, social or religious reasons.Pakistan is facing worst terrorism attacks.Such attacks are responsible for the loss of

human lives and economic decline in our country.

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SuggestionGovernment of Pakistan should focus on

should focus on eliminating the potential threat of economic terrorism.

Build awareness among the people.

Import better technology to tackle terrorists.

Build trust greater trust among the allies.

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KAMRAN WALI KHAN Roll # 07Effects of terrorism

Foreign Investments In 2009,Foreign Direct Investment (FDI) could

not improve and fell steeply by 52 per cent.In 2013: decline by 9.7%

Pakistan Cricket Board PCB Suffered a loss of 51.22 million dollars

Pakistan Tourism Industry Pakistan tourism Industry suffered a loss of

44 million dollars.

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Education

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Asghar Khan Roll no # 34

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Socio-economic causes

i) Injustice:ii) Illiteracy:iii) Poverty And Unemployment:iv) Food Insecurity:v) Dissatisfaction:

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1:Injustice

A situation in which people are treated

very unfairly and not given their rights

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Illiteracyinability to

read and write

• More than one in five men aged 15 to 24 unable to read or write

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Poverty

the condition of being

extremely poor

• majority of people in Pakistan are living below poverty line.

• some people go to the level of extremism and even commit suicide.

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Dissatisfaction• When a person is dissatisfied with the rulers and thinks that his rights are being humiliated or exiled.

• wrongly imprisoned and property confiscated.

• then he joins some religious parties and organizations.

Any Questions ??

This is also terrorism :D