IMPACT OF TERRORISM ON FOREIGN DIRECT INVESTMENT AND KEY INDICATORS OF DEVELOPMENT IN PAKISTAN

Abstract

The word 'Terrorism' is a term generally used to describe the maximum possible degrees
of illegitimate deeds or coercions where most of the population is affected and the
highest degree of economic activity is disrupted. However, this is not the final and
agreed definition of the word terrorism. There is no single definition of terrorism which
is acceptable to all. Twelve yearsback in 2001, soon after the attack on the World Trade
Centre (WTC) in US, American troops entered into the territory of Afghanistan. Since
then, Pakistan became ally of the American and NATO forces against the war on
terrorism without any deliberations and consultation with the nation. Consequently,
Pakistan has greatly suffered socially, economically and politically as well. Comparing
the benefits of the war with the costs inflicted, we can safely conclude that the costs are
much higher than the benefits of this war against terrorism. Pakistan is just a loser in
this game at all fronts.