·
navies of 30 nations operate in indian ocean to
protect merchanidse shipments from piracy
·
yet pirates managed to attack 237 times in 2011
against 219 in 2010
·
over 150 sailors are still captive with 10 ships
·
root cause of piracy is the failed state
·
somalia ahs remained without a real government
since 1991
·
the transition government supported by west has
contorl only on mogadishu
·
fall of somalia state had detrimental impact on
somalian coast of puntland
·
foreign trawlers enetered puntland fishing
grounds and destroyed their traditional source of income
·
the puntland fisherman had no funds to upgrade
nor market access
·
this forced several young men to take to piracy
·
piracy kicked off in 2005
·
now it earns close to 200 mn $ a year
·
piracy is costing world 7-12 bn $ a year
·
most of governments have agreed to provide armed
guards on the ships to protect from pirates
·
but no amount of armed intervention will help
curb piracy
way ahead
·
most of piracy money is spent in buying houses,
cars etc
·
hence international development intervention can
help cut off the incentive to take to piracy
·
this requries great courage to operate in the dangerous
region
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