Colin P. Clarke

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Colin P. Clarke is a senior research fellow at The Soufan Center and an assistant teaching professor at Carnegie Mellon University’s Institute for Politics for Strategy.

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Foreign Policy Essay

Can the Islamic State Survive Financially?

Editor’s Note: The Islamic State's control of territory and zealous fighters vaulted it to the top ranks of the world's most formidable terrorist groups. Less noticed, but tremendously important to the group's success, were its impressive financial resources gained from its control of territory in Iraq and Syria. As the Islamic State has lost ground in both countries, however, its financial future is also in flux. Patrick Johnston and Colin Clarke of RAND present several scenarios for the Islamic State's future operations, finances, and overall sustainability.