Information on "Economic Development"
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March 2013
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11 Mar 2013
The Welfare Cost of Lawlessness: Evidence from Somali Piracy
Maritime piracy in the Gulf of Aden continues to cost the global shipping industry in significant ways. Today, Tim Besley, Thiemo Fetzer and Hannes Felix Mueller analyze the specific impact of piracy on chartering rates and transportation costs. More on «The Welfare Cost of Lawlessness: Evidence from Somali Piracy»
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