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Topic: Sea Piracy, it's effect on the local economy - page 6. (Read 838 times)

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December 13, 2023, 12:27:09 AM
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In the world of transportation, air and sea shipping are vitally important. However, while air shipping is used for its speed, sea shipping is chosen for the amount of cargo it can carry. One recent issue troubling sailors is sea piracy, especially in regions around countries like Somalia, Djibouti, and Kenya. Vessels are hijacked, entire crews are kidnapped, and they are held for ransom for months or even years. In some interviews with pirates, they claim that the lack of job opportunities led them to piracy, while others assert that former fishermen turned to piracy due to the impact of ships on fishing.

I am here to ask if anyone has considered this. We always have a choice. Piracy cannot be the sole option for personal economic growth unless it significantly contributes to the economy of these countries. It brings in quick and substantial money for the pirates, who then spend the money in their local economy. It functions as a wealth distribution system. Even people in these places might not want piracy to end because of the indirect benefits on their local economy. Do you think I am correct here?
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