economic cost: piracy’s global financial damage is in the range of USD 7 – 12 billion “in somalia, the economic model for piracy is working well. in 2010, the US, EU and the UK gave the country a combined $298m in aid – less than half the sum pocketed by the pirates when light aircraftContinueContinue reading “economics of piracy”
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Heather E. Lanthorn 