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Somali piracy, once an unsolvable security threat, has almost completely stopped. Here's why

By Peter Viggo Jakobsen, Associate professor, Royal Danish Defence College

In 2011, pirates carried out 212 attacks in a vast area spanning Somali waters, the Indian Ocean, the Red Sea and the Gulf of Aden, actions that the World Bank said cost the world economy US$18 billion a year.

Armed pirates hijacked ships as far away as 1,000 nautical miles from the Somali coast. They held the ships and crews for ransom. The World Bank estimates that Somali pirates received…

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