University of agribusiness and rural development, Fiscal policy, globalization and economic growth: sustainable development challenges and perspectives

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David Chuparkoski

Last modified: 2020-02-27


Terrorism and its funding are interdependent actions one from another. However, there is a mutual relation to terrorism and the financing of terrorism. The financing affects the development of terrorism and encourages the bearers of terrorism to encourage the successful financing of their illegal activities. The financing of terrorism has an impact on the development of terrorism and the backbone. The impact of the development of terrorism leads to the strengthening of existing and finding new sources of funding. Financing terrorism is a specific form of financial crime. In essence, terrorist financing involves seeking, collecting or securing funds intended to be used to fund terrorist activities or a terrorist organization. Terrorism is a global problem that can be financed through legitimate sources such as fundraising activities and business profits, as well as through illegitimate sources such as drug trafficking and fraud. The fight against terrorism means taking defensive measures to reduce the vulnerability of people and funds from terrorist activities and not to permit the creation of conditions for financing those activities. This paper will show some of the measures for detecting, defining and fighting against financing terroristic activities.


financing, funding, global, crime, terrorism