"Robin Hook": The Developmental Effects of Somali Piracy

Anja Shortland ()

CEDI Discussion Paper Series from Centre for Economic Development and Institutions(CEDI), Brunel University

Abstract: Naval counter-piracy measures off Somalia have failed to change the incentives for pirates, raising calls for land-based approaches that may involve replacing piracy as a source of income. This paper evaluates the effects of piracy on the Somali economy to establish which (domestic) groups benefit from ransom monies. Given the paucity of data on Somalia, we evaluate province-level market data, nightlight emissions and high resolution satellite imagery. We show that significant amounts of ransome monies are spent within Somalia. The impacts appear to be spread widely, benefiting the working poor and pastoralists and offsetting the food price shock of 2008 in the pirate provinces. Pirates appear to invest their money principally in the main cities of Garowe and Bosasso rather than in the backward coastal communities.

Pages: 37 pages
Date: 2011-09
New Economics Papers: this item is included in nep-env
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.brunel.ac.uk/__data/assets/pdf_file/0010/342766/CEDI_11-07.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.brunel.ac.uk/__data/assets/pdf_file/0010/342766/CEDI_11-07.pdf [301 Moved Permanently]--> https://www.brunel.ac.uk/__data/assets/pdf_file/0010/342766/CEDI_11-07.pdf)

Related works:
Working Paper: "Robin Hook": The Developmental Effects of Somali Piracy (2011)
Working Paper: "Robin Hook": The Developmental Effects of Somali Piracy (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:edb:cedidp:11-07

Access Statistics for this paper

More papers in CEDI Discussion Paper Series from Centre for Economic Development and Institutions(CEDI), Brunel University CEDI, Brunel University,West London,UB8 3PH,United Kingdom. Contact information at EDIRC.
Bibliographic data for series maintained by Sarmistha Pal ( this e-mail address is bad, please contact ).