Topic: Sea Piracy, it's effect on the local economy - page 5. (Read 838 times)

The assets that those pirates makes by hijacking other ships aren't really big, you should discuss about drugs, money laundering etc that obviously bring a huge cash flow. But I don't think there's a big effect on the local economy since they're only know how to earn money, not know how to manage their money. So they will back become poor after they run out of money and start doing their illegal activity.

Investing in those environments is rare, because they stay far from the main town of any state. Although their natural ways of fishing may be affected, piracy isn't good for the economy. Ships are expected to be equipped with few naval officers to guide goods from pirates. Fighting the hijackers is better than paying those huge ransom. Pirates are also heavily equipped and fight well at sea, but when intercepted by the military Navy, the hijacking won't be simpler for them. Thereby reducing the rate of kidnapping and stealing of people's properties. Whatever it is they're fighting for, the innocent businessmen shouldn't suffer for it. Lots of money goes into those imported goods, meant to be marketed in the local market. Pirates spoil the market for many and hike the price of commodities due to scarcity. Imagine a country where a cargo of car tires gets intercepted by pirates and hijacked, there'll be a limited supply of car spare tires in the region where it's meant to be delivered.

So, ship crews should figure out a way of preventing pirates from evading their ships. There are multiple precautionary methods for preventing pirates from hijacking a ship. Coupled with the security, most ships will be able to bypass the pirates. When ships don't travel too close to the shores like you suggested, what exactly would it prevent? because these pirates move with boats and are better swimmers. That part of the sea is mainly their territory and they grew up there. Hence, shooting will be easier for them, increasing crime. So, they'll have fewer people visiting such environments, for safety reasons. Due to such acts the government is favorable to the locality, and the poverty will increase, causing people to migrate to a greener pasture. Many kids around such vicinity, will grow up looking to join pirates since it's part of their livelihood. Only a few of them would cherish formal education.

It seems like you are ten years late to the news story. Piracy became prevalent for a time, especially off the coast of Somalia, but it is now a lot more in check and infrequent because there are international naval patrols in the area. It was almost an inevitable mix, as fishermen with lots of boats and weaponry but living in a very poor country with few options to sustain themselves, have these large targets going past every day which had no protection at a certain point in time. After a crackdown and improved defenses, things became a lot harder for them and many gave up on this option.

We're getting used to the reason of having a lack of opportunities and that's why good people turn into evil people and do evil things. I don't know if this situation is ever going to change but it's all about choices. We can't always blame the government or we should do if they always see more people turning into piracy and that dirty money gets into their economy and is fed to their families. I've been in a tough situation and that's why I can speak for those who have lacked opportunities because I've been once in that tough battle and have to find ways for my own sake.

I think we can put this in general that it's not just all about the piracy in the sea but also those people that do other illegal things for the same and common reasons, poverty and lack of opportunity. This is going to be a cycle for the children of those that do this and they'll also reason out the same thing. The government as I am saying, either blames them or not, if these people have been used to this, they are hardly going to change.

And for the most recent pirate attack on the Yemeni area, as said, it's all due to the Israel-Palestine matter. The recent that I know of, it's no longer Israeli ships that they're going to take over but any ship that came or will go to Israel, they'll seize it.

Criminals who kidnap on land bear same MO with sea pirates who hold sailors and their crew against their will and then demand ransom.
The countries even mentioned are more poor than many countries in their region and with the absence of good jobs that pay well, we have had to see the interest rates rise tremendously.

Criminality cannot be a better way to improve the economy of any country and that's why more military border patrols are being developed including using drone tech for surveillance in these regions.
As sailors are learning to arm themselves, they also try to avoid these routes that the pirates can attack from and unless the consignment they carry is too valuable, then the need for escorts at almost every nearby ports is also one way to protect and reduce the effort of sea piracy.

i don’t think that’s how it works piracy has a certain effect on the market if the ship they pirated holds products what do you think will happen to the products? there will be a temporary stop to the distribution of goods there might also be a reduced rate of jobs because they might steer away from working in the ships in fear of piracy

It is not categorized as piracy or "kidnapping" though! It more like sanctions, something that the international community should have done everywhere. Just like they did when Russia invaded Ukraine. Or maybe you think you are a rebel and your government committed piracy when they sanctioned Russia and seized Russian assets?

The same thing is happening here too. The Zionist regime is internationally recognized as an apartheid regime and as the aggressors that has invaded Palestine has to be punished same as Russia if not worse. But because the so called international organizations such as United Nations are rigged and actually American organizations, they can not act according to international laws. They have to fulfill US interests.

So that forces Armed Forces of Yemen to take actions according to international laws and send the Yemenis Coast Guard to enforce these sanctions on the apartheid regime and seize any shipment that is going to Israel to help them continue the genocide.

If we look at history in 1715 piracy at sea became active again because of peace between England and Spain, both of whom created pirates so that it was not much different from what Somali pirates do today because sea access had to be via the Indian Ocean. Ship routes Traders from England, Spain and France are among those who definitely feel this way every time they make a shipment. There was nothing that could be avoided but to arm merchant ships and military escorts It costs more but saves a much larger investment.

Piracy carried out by Somali pirates was born to show resistance due to the economy there not being able to move well.  So looking for ways to speed up the economy by criminal means. If you want to stop piracy the only way is for every country involved in trade  transactions in these waters to unite and use their respective military strengths to go to sea to provide a warning and offer to the Somalia pirates as the  British government did in 1718, offering acquittals for crimes, protection and cooperation to develop the economy. In essence the Somalia pirate camp split into two like Woodes Rogers offer to the Nassau Republican pirates, Benjamin Hornigold, Edward Teach, Charles Vane and Anne Bonny. 

The current cases of ship hijacking have little to do with the economic/financial impact of piracy. The Yemen rebels also known as the Houthi are kidnapping ships, that are owned by Israeli businessmen, because of the conflict in Gaza. This is more related to politics rather than economics.
I don't think that piracy contributes anything to the local economies of Somalia and Djibouti. Having an economy means having an industry, which produces goods. I don't know about those two countries producing anything whatsoever. Piracy is basically stealing money from someone else and spending them. When the money are gone, you have to steal again in order to sustain your standard of living.

In a bigger picture you have to see Africa. An extremely rich continent where majority of people live in poverty because they have been colonized and their wealth is being pillaged by the colonizers.

In a situation like this, specially when you add the lack of a powerful government, crimes grow because people would have no choice but to turn to a life of crime to make a living. Piracy is only one of its results.

I wouldn't say "it helps local economy" though because the money won't be spent in the economy, it would be a vicious circle of more crime, buying guns, and other criminal activities as the gangs form and the crime becomes organized.
The reason why I started my post with the root cause of the situation is because we all know that to eliminate any problem we should eliminate the root cause which is foreign intervention ie the colonizers again...

I've heard of this problem, and I think that it's important to focus on the roots of the issue and preventive measures (positive, not negative ones) to help make things better. So ships should not travel too close to the shores, disrupting the fish movement patterns and polluting the seaside where people rely so heavily on it as a source of food and work. It would also be good to invest, if possible, into programs that would help people from these regions to obtain additional education and skills and find reasonable jobs. Ultimately, piracy is having a very bad impact because people don't want to invest in a region where it's happening, don't want to risk going on a holiday there etc.

If they lack job opportunities, they should hold their government responsible and not attacking business. They don't have any excuse to kidnap and collect ransome from businesses engaging in legitimate businesses. If they are not comfortable with the government they should vote them out during elections. Sound maritime policies should be able to checkmate the impact of shipping activities on the fishing business.

Proceeds from crime cannot be considered a means of wealth distribution because it will cause more destruction to the economy than growth. An increase in criminal activities will discourage investors from coming to the country which will create unemployment. These criminals don't really spend on items that contribute to economic development, they spend money mostly on arms and ammunition, hard drugs and prostitution. Most of these pirates are security threats to the local community they live. They end up my terrorising the local community until the people end up in poverty and death. There is nothing economically good about criminal activities.

You can't fight evil with evil. If you do then give does that make you different from the very thing you fight? Saying the impact of ships on the sea led you to be a pirates is just an excuse to do it. Saying lack of job opportunities is just an excuse. So if everybody who doesn't have a job opportunity in the region decides to go into piracy, there would be no jobs for some pirates.

There should be a proper system and proper security in the seas of the affected region. The problem with issues like this is that governments are so nonchalant about these issues. And most times security agents and governments are part of these pirates one way or the other. Either by giving information or protection.

Things like this derail an economy. Shipping companies might decide to stop shipping to that region or make their services very expensive because of the heavy security they have to pay for and the risk involved. This will in turn make the prices of goods very extension the region and gradually, many businesses would begin to go out of business. Foreign companies that do not feel safe and can't afford to protect their staff may leave and all these hurt the economy.

Even if piracy significantly contributes to a country's economy, I don't think the country should just take and support those piracy, that is highly unethical. More than that, if any country took advantage of a piracy in their sea jurisdiction it will give bad influence on the international  relationship with other countries.

Piracy as it exists is a form of terrorism. And the "touching tales" that "we became pirates because we couldn't get a job" is a very pathetic attempt to justify the choice of a criminal path. I think pirates will not take it easy if their neighbor loses his job and, for example, hijacks a relative of a pirate and surrenders her organs explaining "I am a surgeon, I am out of work, don't worry, everything is fine". All terrorism and criminal violence must be destroyed. The problem is that "you can't play by gentleman's rules with criminals", they don't understand the words law, right, value of human life. They are the cancer of our world. The only cure is annihilation.
PS Yemen and Russia should be added to the list - countries purposefully engaged in maritime terrorism against civilian ships.

I have watched documentaries about Somali pirates, and it appears that the country is suffering from economic disintegration, brain drain, and high levels of unemployment. children resort to weapons and piracy in order to obtain ransom money to free the ship’s crew or its contents. Some governments resort to negotiating with them because the most they may ask for is 10 million dollars, while Insurance costs and tracking the movement of tankers can cost companies trillions of dollars. Piracy is sometimes linked to politics, as is happening now on the right, where some groups there are closing the Bab al-Mandab Strait.

I agree with the previous comments, and it is that the OP starts from a simplistic view, while the interrelationships in economics are much more complicated than that. Those regions would benefit more from an open economy, without pirates and where many people could earn an honest living. The little that pirates can spend is not a solution to anything.

If I read your description above, one thing that can be taken away is that the first problem is temporary because and secondly, sustainable economic growth will continue to be maintained, not by piracy and will only be enjoyed by irresponsible parties. certain groups that have power because when legal economic opportunities are limited, individuals may view piracy as a necessary means of survival and indeed it is also seen as a form of wealth distribution, which functions as an economic emergency system but does the activity actually encourage sustainable economic growth??

Piracy is illegal act, most countries aren't allow that except the untouchable one. Most people like when it comes to money regardless it's obtained by legal or illegal ways.

If the country is consider privacy is a crime and anyone who doing or support that will be jailed, it's just a law. The government can't stay or watching their seas for 24/7, so that's why there are many sea piracy not get punishment.

"You can't end your suffering by instigating suffering on other people" Martin Luther King Jr. Whoever enjoys the fact that a certain person got kidnapped or ship hijacked and the money generated through it would help their local economy is rendering himself a bad service. He's nothing better than a thief. One day the pirates will come hunting the same people who think they're beneficiaries of the evil act. Are you saying in regards to Robinhood methods, where the stolen money would be used to help the poor? You need to know that stolen money doesn't help the economy of any locality. Rather it diminishes the economy. How do you expect a local area depending on thieves to survive. That locality will face abject poverty. Because thieves don't help the society. They only take away money meant to be circulating in society and waste it on a lavish lifestyle. What the pirates do, ain't good for the society, despite the fact the goods aren't headed to their nation or country.

The owners of the hijacked goods, families of the kidnapped will suffer and cry for their loss, while some are happy believing it's a great service to their society. First, they won't be able to manage the stolen goods and money, hence it won't circulate properly. Second, the price of things in that locality will skyrocket, because vendors believe they're dealing with thieves, and they won't bother buying things at any price. Generally, every human in that society will suffer huge losses for supporting stealing. Then taking it on a more realistic aspect, the way you want to see it, is it possible for money derived through kidnapping and stolen treasures to feed millions of people in a society? remember the pirates will take their share of the money, and hoard huge amounts, for weapons and armories. If that locality doesn't produce weapons, the utility of the pirates, how is the economy going to be helped? How many times will those Pirates patronize the food market, compared to the bullets and weapon sellers? It makes no sense, however, that Navy officials don't put more effort in endeavor to reduce such problems, as it's bitter to hear that so many businesses crumble due to their ship being hijacked.