Journal of Economics and Development Studies

Vulnerability of Economies Facing Terrorism: Case of the Countries of the Sahel Belt
Allé Nar Diop

Abstract
This article has helped with the construction of a Structural Equations Model (SEM) to measure the negative impact of terrorist targets on economic growth, investment and positive influences on the military and security spending in the economies of Sahel. The SEM also helped break down the impact of the terrorist attacks in the Sahel in direct and indirect effects. The increase in military spending and security results in lower investment and economic growth and undermining development efforts and fiscal consolidation. Moreover, the consequences of terrorist attacks are more intense for targets in industries whose economic weight is important. These targets increase the vulnerability of fragile Sahel and undiversified economies.

Full Text: PDF     DOI: 10.15640/jeds.v7n2a7