EFFECT OF TERRORISM ON THE PAKISTAN ECONOMY

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Date
2021
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UMT, Lahore
Abstract
Terrorism is one of the biggest challenging problems for Pakistan and in the recent years has made the threat of terrorism much worse for the country’s economy. Terrorism damages the economy by causing a slowdown in the economy's growth due to terrorist activities in the threatened region. The research paper is emphasizing on the terrorism effects by which the Pakistan’s economy is impacted, as the increasing influence of terrorism on the economic condition. Pakistan's economy has been disturbed by various challenges taking place due to the terrorism problem. The socio-economic structure of Pakistan has been seriously damaged by terrorist conflicts. Pakistan is basically affected by the ongoing war, which led to a rise in the severity of the conflict. With relevancy to this in-depth analysis, the results reveal that terrorism has badly impacted Pakistan's economy. At this point, the research paper is evaluating that the terrorist attacks have hindered Pakistan's economic progress, devastated its social structure, and negatively affected the country's economic growth. A considerable negative effect has been highlighted between terrorist actions and economic growth in Pakistan, resulting in an adverse impact on the economic status.
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