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An overview of the impact of terrorism on modern life

Explore the latest strategic trends, research and analysis Terrorism on the scale witnessed in Paris last month is nothing new in Africa. In Nigeria, Cameroon, Chad, and Niger, the extremist group Boko Haram — famous for its kidnapping of 276 school girls in 2014 — has inflicted thousands of casualties with suicide bombings and assaults on civilians.

Meanwhile in Tunisia, the Islamic State has targeted tourists — orchestrating attacks on a museum and a beach resort. And in Mali, shortly after the attacks in Paris, gunmen belonging to an Al Qaeda affiliate stormed the Radisson Blu hotel in Bamako, killing 22 people. Terror, it an overview of the impact of terrorism on modern life, has become part of the new normal in Africa. It is not difficult to see why. For starters, there is the sheer scale of the humanitarian catastrophe.

Since 2009, Boko Haram alone has killed more than 10,000 people in Nigeria and has driven nearly a half-million from their homes.

What is terrorism costing Africa?

Traumatized populations have fled to refugee camps in Cameroon, Chad, and Niger, where malnutrition and disease are becoming increasingly prevalent — especially among children.

Second, terrorism is undermining GDP growth and weighing down overall economic performance in affected countries; the economy of northern Nigeria, for example, has been devastated by the ongoing violence.

The International Monetary Fund now includes terror threats among the major risks to the economic outlook in NigeriaTunisiaand Kenya. Already, economic indicators in these countries have been revised downward after terrorist incidents. Third, the fight against terrorism is sucking up scarce financial resources.

Scaling up military missions is costly, and the unpredictability of terror strikes often requires extra spending on security, which sometimes causes governments to miss their fiscal targets.

An overview of the impact of terrorism on modern life the Garissa University attack, for example, the Kenyan government increased security-related spending by 0. In Central and West Africa, the fiscal pressure has been especially intense. In addition to the outlays required to equip the armed forces engaged against Boko Haram, Nigerian officials estimate that billions of dollars will be needed to rebuild ravaged infrastructure in the north.

But now it is being forced to use part of its hard-won fiscal space to finance the fight against terror. Fourth, the countries at risk are among the most promising frontier markets.

Similarly, Kenya, home to a thriving ICT sector, is leading the world in the rollout and leveraging of mobile money. Fifth, terrorism is undermining state building. In most African countries, the military is weak and insufficiently equipped to handle this new threat, whereas terrorist groups are often well-funded and deploy committed combatants equipped with state-of-the-art an overview of the impact of terrorism on modern life.

Finally, the risk that fighting terrorism poses to civil liberties is especially acute in Africa, where institution building is still an ongoing process.

Some non-democratic regimes may take advantage of anti-terrorism policies to prey on their own people. There is also a threat to the fabric of society if fear of Islamist extremism leads Muslims to be stigmatized or marginalized.

Localized security issues are metastasizing into macroeconomic threats. This new danger to Africa must be addressed if the continent is to maintain its upward momentum. Publication does not imply endorsement of views by the World Economic Forum.