Description
The Middle East has experienced prolonged terrorism campaigns, which shaped the rationality for some countries to increase their defence measures. The article’s hypothesis is that the increase in military spending, as a response to counter terrorism, can threaten economic security, leading to an increase in terrorism due to the negative relationship between terrorism and economic security. The study performs Panel vector Autoregressive Model (PvARM) by employing panel data consists of 10 Middle Eastern countries through the period of 1996-2016. The empirical analysis confirmed the validity of the article’s claim in the studied countries over the examined period.
Omar Eleish is an economist, recently graduated from the European Master in law and Economics (EMlE) at Erasmus University Rotterdam in October 2018. He obtained a B.Sc. degree in Economics from a joint program between loughborough University and the British University in Egypt. His research focus is within the economics of defence policy, cyber security, and industrial organisation.
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