Abstract

The post Cold War Era has been characterised by the globalisation of terrorism and organised crime with major negative effects on business environment worldwide. The Islamic fundamentalism has targeted not only political and military assets but also businessmen-citizens of the “Evil”, “Infidel” West. The organised crime, on the other hand, while generating dynamic and lucrative black markets especially in weak states, has ignited violent internal feuds (e.g. the ongoing Mexico Drug War) that destabilise countries even more and annihilate prospects for investments or tourism. At the same time, an increasing number of geopolitical conflicts (e.g. Senkaku/Diaoyu islands, Vietnam-China oil rig disputes) have triggered widespread popular violence and distortion of the economic output, seriously affecting the regional markets. Nonetheless significant is the cyber-crime, its unconventional insecurity challenging the very foundations of competitiviness, technological progress and modern power prominence.

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