Accession Number:

ADA488832

Title:

Exploitation of Free Markets and Globalization to Finance Terrorists

Descriptive Note:

MBA professional rept.

Corporate Author:

NAVAL POSTGRADUATE SCHOOL MONTEREY CA

Personal Author(s):

Report Date:

2008-09-01

Pagination or Media Count:

69.0

Abstract:

The international community has taken measures to monitor financial networks through anti-money laundering acts, which since 911 have expanded to cover terrorist financing. However, the strides made to date in some parts of the world have been limited and gaps still exist that terrorist organizations can infiltrate to thwart the international communitys efforts. The purpose of this study is to provide an overview of current international counter-terrorist financing efforts and how terrorists exploit them. The project consisted of three case studies. Colombia is the primary case, while Peru and Great Britain are secondary cases. Through these case studies, the author identifies how terrorist organizations are taking advantage of systems of financial globalization and free markets in these countries to finance their activities. The four elements studied in each country are its economy, financial markets and banking system, auditing and internal monitoring system, and international cooperation to combat terrorist financing. In Colombia, the study focuses on the Revolutionary Armed Forces of Colombia FARC, the National Liberation Army ELN, and the United Self-Defense Forces of Colombia AUC, and how the Colombian government and financial institutions have responded to them. In Peru, the focus of the examination is Sendero Luminoso, and in Great Britain, it is the Irish Republican Army in Northern Ireland.

Subject Categories:

  • Economics and Cost Analysis
  • Unconventional Warfare

Distribution Statement:

APPROVED FOR PUBLIC RELEASE