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Impact of Terrorism
• Before you attempt the question given to you
as an assignment … you must take note of the
following information:
– A primary goal of terrorism is to disrupt society by
causing widespread psychological damage and
social disruption
– Secondly, the purpose of terrorism is to provoke
social, political and economic fall-out
Economic Impact
• September 11 Attacks
- Loss of life and property cost insurance companies
close to US$40 million
- Loss of business to the airline industry as people were
afraid of flying following the incidents
- Government bail-outs were necessary to help support the
airline industry and prevent airlines from closing down
- Despite this, many airlines cut down by retrenching staff or
cutting down orders for new aircraft
- As people were afraid to fly, the tourism industry in some
countries suffered
Impact of Terrorism
Economic
- Loss of life and property from Sept 11 cost insurance companies US$ billion
- Loss of business for the airline industry had to be ‘cured’ through huge government bail-outs
Political
- Tightening of border security and immigration clearance
- Counter-terrorism legislation that infringe on individual freedom and personal privacy
Social
- Knee-jerk reactions to crises
- Extremist rhetoric and sensitive political developments over people
- Preparing Singaporeans to be psychologically and socially resilient
Impact of Terrorism
Economic
- Loss of income for Balinese following the Bali bombings as tourist levels fell by 50%
- Government spending on security has also increased (e.g. security personnel, security exercises)
Social
- Causes suspicion and tension among different ethnic and religious groups
- Causes paranoia and fear
- Resulted in the Community Engagement Programme as a long-term effort to ensure social cohension and harmony even in the face of crisis and to put in place response plans
Can Transnational Terrorism be
Managed?
when evaluating:
- Transnational terrorism is a global threat which requires EVERYONE’S efforts
- No one country can defeat terrorism on it’s own
Can Transnational Terrorism be
Managed?
- ASEAN’s Efforts to Manage Terrorism:
- Terrorism viewed as a major threat and challenge to peace and security in the region
- Terrorism impedes progress and prosperity
- ASEAN pledges its support to cooperate against transnational terrorists through joint-police / armed forces and intelligence measures
Can Transnational Terrorism be
Managed?
International Efforts to Combat Terrorism:
◦ UN Resolutions
Freeze financial assets of terrorists and their supporters Deny terrorists travel and safe haven Prevent terrorist recruitment and weapons supply Co-operate on information sharing and criminal persecution
◦ UN Counter Terrorism Committee
to monitor member countries’ adherence to the resolutions to strengthen the counter-terrorism capacity of UN member states provide technical assistance to countries who need help in implementing the resolutions
Can Transnational Terrorism be
Managed?
Environment that
Censures (Condemns)
Terrorism:
- Society must be firm in denying terrorists and their warped ideas to have space in society
- Society must be firm and actively reject terrorism with ONE VOICE
