It is estimated that US$339 million to US$413 million was claimed in ransoms between April 2005 and December 2012 for pirate acts off the Horn of Africa. Twenty-first century piracy in this region has developed as a violent criminal act, which not only affects the victims but also has an impact on the region and the global economy. Chapter two describes the context and audience for the study; explains the study's methodological framework, including information on what data sources were available; and identifies the challenges in undertaking the study. Chapter three provides background on the issues of pirate activities off the coast of Somalia and the Horn of Africa, and defines the problem of piracy and its origins. Section two then focuses on understanding the financial flows with respect to piracy activities. Chapter four looks at the ransoms paid to pirates, starting with negotiations of the ransoms and the volume of money involved. Then chapter five focuses on the distribution of proceeds from piracy to the various actors involved in supporting or carrying out pirate activities. Chapter six explores the ways in which proceeds are moved in and out of Somalia. Chapter seven looks at how the financiers invest their proceeds. Following this analysis, chapter eight focuses specifically on investment by piracy financiers in the khat business and real estate. In the final section three, chapter nine of the study concludes with suggested areas for policy and operational engagement within the region and beyond.
eBook - PDF
Pirate Trails
Tracking the Illicit Financial Flows from Pirate Activities off the Horn of Africa
- 129 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Pirate Trails
Tracking the Illicit Financial Flows from Pirate Activities off the Horn of Africa
About this book
Trusted by 375,005 students
Access to over 1.5 million titles for a fair monthly price.
Study more efficiently using our study tools.
Information
Subtopic
International BusinessIndex
BusinessTable of contents
- Front Cover
- Inside Front Cover
- Contents
- Acknowledgments
- Contributors
- Abbreviations
- Section I Introduction
- Section II Understanding the Financial Flows
- Section III Conclusion
- Appendix A Human Trafficking Case Studies
- Appendix B Khat Business
- Appendix C Real Estate Boom
- Glossary
- Bibliography
- Box
- Figures
- Maps
- Table
- Back Cover
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn how to download books offline
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.5M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1.5 million books across 990+ topics, we’ve got you covered! Learn about our mission
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more about Read Aloud
Yes! You can use the Perlego app on both iOS and Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Yes, you can access Pirate Trails by World Bank, United Nations Office on Drugs and Crime, Interpol in PDF and/or ePUB format, as well as other popular books in Business & International Business. We have over 1.5 million books available in our catalogue for you to explore.