Although piracy episodes off the Horn of Africa have fallen in the last 12 months, a new World Bank analysis of its human and economic costs says that "Somalia cannot 'buy' its way out of piracy; nor can the international community rely solely on its law enforcement agencies to defeat pirates whether at sea or land."
WORLD SHIPPING
12 April 2013 - 00:00
World Bank: Ending Somali Piracy Will Need On-Shore Solutions and International Support to Rebuild Somalia
Although piracy episodes off the Horn of Africa have fallen in the last 12 months, a new World Bank analysis of its human and economic costs says that "Somalia cannot 'buy' its way out of piracy; nor can the international community rely solely on its law enforcement agencies to defeat pirates whether at sea or land."
WORLD SHIPPING
12 April 2013 - 00:00
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