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247
ACMASS-5818 Islamic Terrorism in South Asia : Indo-US Perspective
Samson Shekho Chiru
Manipur University samsonsekho37gmail.com
The World is alarmed, more so, when the most powerful country in the world—United States was shaken by non-state actors like Osama Bin Laden and its terrorist network. This incident
tended to shape as to how to tackle or contain world terrorism. Research policies of the U.S. government were profoundly transformed by the shock of the September 11, 2001Popularly
known as 911, attack on the World Trade Center, the Pentagon, and another unknown target forced a restructuring to meet the threat of catastrophic terrorism. Thereafter, in December 13,
2001known as 1213, the Indian Parliament Attack incident. In India, the presence of the persistence of the terrorist movements specifically the Osama Bin
Laden and its Al Qaeda networks, Laskar Taiba and others are the greatest threat to Indian democracy. Though democracy in India has its own failure to achieve. The failure of the
democratic principles to fight the terrorist as mentioned per se is itself the failure of the democratic country.
India enjoys a stable democracy, has one of the worlds highest growth rates of over 9 per cent and is seen as an emerging economic and political power. This has been achieved without
curbing democratic freedoms, using army in a military role, resorting to air strikes and using area weapons, capable of causing heavy collateral civilian damages. Interestingly, a special
antiterrorism act which was passed in March 2002 was repealed after 2 years in September, 2004 to dispel misgivings, unfounded though, among section of Muslims that it was discriminatory
and directed against them. Democracy, was used as an effective tool to fight terrorists. Successful holding of free and fair elections proved to be silent but most effective display of civil societies’
rejection of terrorists—both in terms of means and ends. This paper addresses critically the nature of the threat and the role that both India and United
States committed to play in mitigating the risk and the consequences of such attacks. The paper summarizes the impact of terrorism on the two largest democratic countries in the world. There
is a serious constraint on evolving a policy for a sustainable and affordable strategy, which the two governments will adopt and which the public will support for many years as future course of
action. In this regard, the paper attempts to focus also on the aftermath of the attacks by the terrorists on
both the countries. Detailed highlights will be made by examining on security preparedness and intelligence exchanges.
Key Words: Osama Bin Laden and its Al Qaeda Networks, Laskar Taiba, Stable Democracy; Democratic Freedoms; World Terrorism.
Dr. Samson S. Chiru w formerly a Post Doctoral Fellow at the Center for Canadian, United States and Latin American Studies, School of International Studies, Jawaharlal Nehru University,
New Delhi-110067.
248
Economics Finance Business Economics III
Lavender II 20140816 Saturday 08:45-10:15
Session Chair:
Prof. Hung-Yi Chen
ACMASS-5960 Catfish Effect of Internet Finance on Chinas Financial Reform
Andy W.W. Cheng︱Hang Seng Management College ACMASS-5924
A Study of Industry Environmental Accounting Disclosure associated with cost and benefits ─ A Case Study of Japanese Company
Nai Hua Chen︱Southern Taiwan University of Science and Technology
Yi Hua Lin︱Southern Taiwan University of Science and Technology ACMASS-5851
An Analysis on Risk Identification of Medium and Large Size Theaters in Taiwan Shang-Ying Chen︱National Sun Yat
-
Sen University ACMASS-5902
Money as a Consumer Insurance Kenta Toyofuku︱Nihon University
ACMASS-5988 Increasing Farmer’s Income with Production of Seaweed
Irma yani Masnur︱Universitas Muhammadiyah Parepare Syarifuddin Yusuf︱Universitas Muhammadiyah Parepare
Muhammad Arsyad︱Hasanuddin University
ACMASS-5995 CertificationMonitoring, Adverse selectionGrandstanding: Underpricing IPO and post-
IPO backed by venture capital Xiaoming Ding︱Xian Jiaotong
-
Liverpool University Jiaoyan Zhang︱Xian Jiaotong
-
Liverpool University Yao Rao︱University of Liverpool
249
ISBBME-1217 Fair Trade Organizations, Buyer Power, and Export Policy for the Developing Country
Hung-Yi Chen︱Soochow University Shih-Jye Wu︱National Sun Yat
-
Sen University Yang-Ming Chang︱Kansas State University
250
ACMASS-5960 Catfish Effect of Internet Finance on Chinas Financial Reform
Cheng W.W. Andy
Department of Economics and Finance, Hang Seng Management College, Hong Kong andychenghsmc.edu.hk
Abstract
China officially gained access to the Internet in 1994. Over the past 20 years, the Internet has brought substantial changes to people’s living and is one of the driving force behind China’s
economic development. The raise of the ‘Internet finance’ creates a new industry format in China. The cat-fish effect brought by the Internet finance spurs the reform and promotes
innovation of the China’s financial industry. These in return become important variables which affect the ecology of the industry. Inevitably, Internet finance will entry into a new era of
orderly competition under separate supervision of the Regulators and supplement the tradition financial industry. This paper examines the current development of the Internet finance, its
operation model and potential issues faced in China. Keyword: Internet Finance Mobile Payment P2P Lending