Groups committing acts of terrorism have adapted their means of financing to elude detection since the 9/11 attacks in the United States. Surveying the global community's multi-year effort to cut off terrorist funding, this volume offers a much-needed analysis of a complex, widely discussed, yet poorly understood subject. While books on terrorism have touched upon the topic, this is the first comprehensive, balanced, and scholarly overview of terrorist financing, its methods, and efforts to counter it.
Bringing together leading analysts of terrorism, international relations, global finance, law, and criminology, Countering the Financing of Terrorism provides a critical assessment of the international effort to restrict terrorist financing. It evaluates the costs and benefits and offers recommendations for more effective policies for the future.
Introduction: The Challenge of Terrorist Financing Thomas J. Biersteker and Sue E. Eckert Part 1: The Social Organization of Terrorism 1. Producing Terror: Organizational Dynamics of Survival Jessica Stern and Amit Modi 2. The Evolution of Al Qaeda Rohan Gunaratna 3. The Social Organization of Terror in Southeast Asia: The Case of Jemaah Islamiyah Zachary Abuza Part 2: The Financial Organization of Terrorism: The Raising and Moving of Funds 4. Terrorism, Charities and Diasporas-Contrasting the Fundraising Practices of Hamas and Al Qaeda among Muslims in Europe Jeroen Gunning 5. Terrorist Financing and Organized Crime: Nexus, Appropriation or Transformation? Phil Williams 6. Trade Diversion as a Fund Raising and Money Laundering Technique of Terrorist Organizations Donald E. deKieffer 7. The Design, Development, and Implementation of Regulatory and Supervisory Frameworks for International Funds Transfer Systems Nikos Passas and Samuel Maimbo 8. Al Qaeda and the Gemstone Trade Douglas Farah Part 3: Responses to the Terrorist Financing Challenge 9. The US Regulatory Approach to Terrorist Financing Sue E. Eckert 10. International Initiatives to Combat the Financing of Terrorism Thomas J. Biersteker, Sue E. Eckert and Peter Romaniuk 11. Lessons for Countering Terrorist Financing from the War on Serious and Organized Crime Michael Levi. Conclusion: Taking Stock of Efforts to Counter the Financing of Terrorism and Recommendations for the Way Forward Thomas J. Biersteker and Sue E. Eckert
