Recognizing the Limits to Cooperation behind National Borders
Financing the Control of Transnational Terrorism
This chapter discusses the importance of recognizing the limits of international cooperation in financing the control of transnational terrorism. It describes some of the characteristics of and trends in transnational terrorism and examines the cooperation challenges in controlling this phenomenon. The result suggests that the pre-emption strategy has the properties of a pure public good while the protection strategy has the characteristics of what economists call a weakest link public good.
Keywords: transnational terrorism, protection strategy, international cooperation, public good, pre-emption strategy
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