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Maritime Piracy in Southeast Asia: Consequences on Economic and Political Integration

Maritime Piracy in Southeast Asia: Consequences on Economic and Political Integration
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Author(s): Giacomo Morabito (University of Messina, Italy), Vittorio D'Aleo (University of Messina, Italy), Davide Di Fatta (University of Messina, Italy), Roberto Musotto (University of Messina, Italy)and Walter Vesperi (University of Messina, Italy)
Copyright: 2018
Pages: 16
Source title: Establishing Food Security and Alternatives to International Trade in Emerging Economies
Source Author(s)/Editor(s): Vasily Erokhin (Harbin Engineering University, China)
DOI: 10.4018/978-1-5225-2733-6.ch006

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Abstract

The costs of the Southeast Asia maritime piracy to the global economy are largely underestimated regarding the issue of the fight against piracy. In particular, the region suffers from severe negative socio-economic impacts due to over-fishing, and the reduction and collapse of the fisheries have led to a widespread loss of income and employment. The attacks on fishers take place regularly in most Southeast Asian countries. Also, in many cases, the pirates are the fishers themselves, and they attack fishers of other nationalities. All those attacks have a serious negative impact on food security in the region by damaging fishing industry and threatening artisanal fishers who risk losing their entire income. Given the fact that large parts of Southeast Asia's fish populations are overfished, fishers have less possibility to avoid areas prone to pirate attacks.

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