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kkennedy : somalia   1

Hostile Takeovers or Good Corporate Governance?
Good basic background on the Somali pirate info, if you haven't followed it. FTA: 'Piracy has its origins in the organized communities of the Puntland coast. In the 1990s, a group of fisherman in settlements there banded together to prevent illegal fishing and the dumping of toxic waste off their shores. This harmless community action inspired many analysts to designate Puntland a model for Somali civil society. When some ships illegally fishing were boarded in attempts to police the region, the reward offered for the boats return was enormous—amounts that were many times the monthly income of entire villages. Piracy took off as an attempt to gain income from this type of civic policing..."
politics  economics  security  news  crime  somalia  gwot 
december 2008 by kkennedy

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