Piracy in Somalia costs billions

Besley, Timothy

; Fetzer, Thiemo; and Mueller, Hannes (2013) Piracy in Somalia costs billions [Online resource]

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For every $120 million seized by pirates in Somalia, the cost to the shipping industry and the end consumer is between $0.9 and $3.3 billion, according to research by Tim Besley (LSE and the IGC Steering Group), Thiemo Fetzer (LSE) and Hannes Mueller (Barcelona GSE). This money is enough to employ well over a million Somalis for a whole year.

Item Type	Online resource
Copyright holders	© 2013 The Author(s)
Departments	International Growth Centre
Date Deposited	28 Apr 2017 10:10
URI	https://researchonline.lse.ac.uk/id/eprint/74723

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http://blogs.lse.ac.uk/africaatlse/2013/01/14/piracy-in-somalia-costs-billions/ (Publisher)
http://blogs.lse.ac.uk/africaatlse/ (Official URL)

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