“…More importantly, attention is being drawn to understand the consequences as this will help to shape global policy on acts of terrorism. The contributors to this literature, and their focus has being: terrorism and its consequences on foreign investment Bandyopadhyay et al, , 2015Asongu et al, 2015;Efobi et al, 2015); terrorism and the labour force (Berrebi and Ostwald, 2014a); terrorism and economic development (Piazza, 2006); terrorism and the productivity of certain sectors in the country (Berrebi and Klor, 2010;Berrebi and Ostwald, 2013); terrorism and fertility rate (Berrebi and Ostwald, 2014b). This study is the first to relate these two strands of literature by using a sample from the African region for the period 1987 to 2008 as well as a variety of macroeconomic controls.…”