Extremism's Deep Pockets

By Michael Jacobson

I wrote a piece for the Yale journal "The Politic" on the state of US and international efforts to crack down on terrorist financing. The United States and its allies have made considerable progress in tackling terrorist financing since 9/11, but serious challenges have emerged.

As governments have cracked down on terrorist financing, the growing number of terrorist cells and organizations have found new ways to raise, store, and move funds. Keeping pace with these rapid changes is an uphill struggle for government bureaucracies. International cooperation on these issues also continues to decrease as 9/11 grows more distant. Additionally, in spite of some positive steps taken by the Persian Gulf countries, the region remains a key source of terrorist funds, and European efforts in this area are still uneven. Addressing all of these issues will be essential for continued success in combating terrorist financing.

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