Lessons Identified from Somali Piracy
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چکیده
At the time of writing, the number of successful attacks against ships by Somali pirates has reached a five-year low. Whilst the exact reason for the reduction in Somali attacks is unclear, the combined success of the military forces, the use of the industry‟s Best Management Practices (BMP), plus the increased deployment of private armed guards, would all appear to be important factors. The political situation in Somalia itself has also evolved.
منابع مشابه
The Trade Consequences of Maritime Insecurity: Evidence from Somali Piracy∗
In the past decade, pirates from Somalia have carried out thousands of attacks on cargo ships sailing through the Gulf of Aden and the Indian Ocean, causing what others have identified as significant damage to maritime trade. In this paper, we use variations in the spread and intensity of Somali piracy to estimate its effect on the volume of international trade. By comparing trade volume change...
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This document contains additional data exercises that complement the empirical analysis in the study “The Trade Consequences of Maritime Insecurity: Evidence from Somali Piracy”, and are not intended for publication. All the references to the estimated regression model, or to particular specifications that are not reported this appendix, correspond to equations and results included in the manus...
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تاریخ انتشار 2013