World economy and terrorism: An over view

On the global canvas when the theme of global village is widely popular, simultaneously the cancer of terrorism has captured the world body First, the capital stock (human and physical) of a country is reduced as a result of terrorist attacks. Second, the terrorist threat induces higher levels of uncertainty. Third, terrorism promotes increases in counter-terrorism expenditures, drawing resources from productive sectors for use in security. Fourth, terrorism is known to aspect negatively specific industries such as tourism. This paper is a insight on the aftermath of the terrorist activities on different aspects of world economy, It's a strive to investigate the repercussions of terrorist attacks on different developed and developing countries, how the economy of the world affected and how countries are reacting, grappling and subduing it's impacts.