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Modern Jihad: Tracing The Dollars Behind The Terror Networks by Napoleoni
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  SPECIFICATION
TERROR INC (pb)2004
Author: LORETTA NAPOLEONI
ISBN: 0141019360
Year: 2004
Publisher: PENGUIN BOOKS LIMITED (UK)
Category: POLITICS / CURRENT AFFAIR / INTERNATIONAL RELATION
Edition: 1
Format: Paperback
Language: English
Pages: 448
 ABOUT THE TITLE
This books propels the reader into the center of illegal organizations, and explains how they fund their activities. From the PLO to Al-Qaeda to the IRA, Loretta Napoleoni maps out the arteries of an international economic system that feeds armed groups the world over. She follows the money and gets to the truth of 'the new economy of terror' - a 1.5 trillion dollar system - and assesses the full extent of the role of the West in developing the economies of armed organizations.
Terrorists require a steady supply of cash in order to carry out their acts of violence - but where does the money come from and how much is the business of terror actually worth?

Loretta Napoleoni - who has worked for the IMF, the UN and currently advises the US Homeland Security on terrorism, and author of Terror Inc – tracing the money behind global terrorism, reveals 10 things you didn’t know about the economics of terrorism

Did you know…?

1. The ‘New Economy of Terror’ is worth $1.5 trillion – that’s twice the entire GDP of the UK.
2. Terrorism is funded through both illegal activity such as drugs, arms, gems and people smuggling, as well as through entirely legal operations from charities to legitimate business.
3. In 2001 alone, the IRA raised $7 million through criminal activity.
4. The smuggling of narcotics generates a turnover of around $400 billion a year.
5. Of this $400 billion, as little as $1.4billion stays in the country of origin.
6. The smuggling of people, weapons and other goods totals $100 billion.
7. In Pakistan, a legally bought 21-inch Sony TV cost around $500. An illegally smuggled one cost 25% less.
8. One of Osama bin Laden’s most profitable businesses is his Gum Arabic Company Ltd in Sudan – gum arabic is a substance used to stop sediment forming in soft drinks and to create a protective shell around sweets and pills. Gum Arabic Company Ltd supplies 80 per cent of the world’s demand for this product.
9. In 2001, about $68 billion were given in aid to countries which produce drugs such as Afghanistan, or are drug transhipment points such as Chechnya. The bulk of this money never reached the needy, but went to sustain the drugs, smuggling and terror industries, which in turn shipped or spent the profits outside the country of origin.
10. The budget to carry out the 9/11 attacks on the World Trade Centre was only $500,000.
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