How does globalization lead to terrorism?

Global terrorism can stem from the adverse effects of globalization, imbalance of power, disparity of players, and power vacuum. Failed states, separatist minorities and radicals use terrorism as warfare in order to counterbalance the power gap or to consolidate their authority.

How has terrorism affected global trade?

Terrorist attacks in trading partners result in larger transaction costs, greater transportation costs, increased uncertainty, lost income, and larger business costs (e.g. greater border controls and higher insurance rates), which negatively impact trade (Nitsch & Schu- macher, 2004).

How does poverty cause terrorism?

The most popular theory is that poverty causes terrorism. When people are deprived of certain resources and opportunities, poverty can create resentment and cause some to turn to terrorism in order to express their outrage (Newman 2006).

What happened in the year 2014 in the Islamic State?

June 29, 2014 – ISIS announces the creation of a caliphate (Islamic state) that erases all state borders, making Baghdadi the self-declared authority over the world’s estimated 1.5 billion Muslims. The group also announces a name change to the Islamic State (IS).

How does religion shape attitudes toward Sharia law?

The survey finds that religious devotion also shapes attitudes toward sharia.8 In many countries, Muslims with higher levels of religious commitment are more likely to support sharia.

Should Sharia law be the law of the land?

These include Egypt, where 74\% of Muslims say sharia should be the law of the land and nearly three-quarters of them (or 55\% of all Egyptian Muslims) say Islamic law should apply to people of all faiths. Sharia supporters around the world widely agree that Muslim leaders and religious judges should decide family and property disputes.

What percentage of the world’s Muslims follow Sufism?

There are no reliable figures on the proportion of Muslims worldwide who follow Sufi practices. Most Shias (between 68\% and 80\%) live in four countries: Iran, Pakistan, India and Iraq. Iran has 66 million to 70 million Shias, or 37-40\% of the world’s total Shia population.