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.
This collection of essays, published in 2008, offer a comprehensive look at numerous methods that terrorist organizations use to obtain funding, and how these methods can be interdicted. The book is well-organized and compelling, if dense. I mention the publication date, as the focus on al Qaeda is quite strong and sometimes out-of-date, though I do not fault the book for this.
I read this book for a course (like another by James Adams, which I recently reviewed), and can appreciate the selection of certain chapters over others by the professor. Some of the essays' density gets in the way of comprehension, but overall, the book paints a strong picture of terrorist financing in the early 2000s and the burgeoning methods for countering the financing of terror that were developing at the time.