Friday, January 13, 2012

And Who Says Crime Doesn't Pay?

CNN had an interesting story that looked at the economic impact Somali pirates were having on Somalia.

"There is a very clear trickle-down effect," said author Anja Shortland, of Brunel University in the United Kingdom, who based her conclusion on everything from satellite pictures to local cattle prices.

High-resolution satellite imagery shows construction in the inland towns of Garowe and Bosasso, including radio towers, walls and new buildings, she said.

She's not seeing much construction on the coast itself, she said.

"There are no light emissions on the coastal villages. But the settlements inland ... that's probably where the money is going," she said of the estimated hundreds of millions of dollars Somali pirates have claimed in the past several years.

In nearly every type of crime there is an economic impact.

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