Library Header Image
LSE Research Online LSE Library Services

Piracy in Somalia costs billions

Besley, Timothy, Fetzer, Thiemo and Mueller, Hannes (2013) Piracy in Somalia costs billions. Africa at LSE (14 Jan 2013). Website.

PDF - Published Version
Download (262kB) | Preview


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 (Website)
Official URL:
Additional Information: © 2013 The Author(s); Online
Divisions: International Growth Centre
Subjects: H Social Sciences > HV Social pathology. Social and public welfare. Criminology
J Political Science > JF Political institutions (General)
Sets: Research centres and groups > International Growth Centre (IGC)
Collections > Africa at LSE
Date Deposited: 28 Apr 2017 10:10
Last Modified: 05 Dec 2019 00:37

Actions (login required)

View Item View Item


Downloads per month over past year

View more statistics