Some estimates have it that Somali pirates received more than $150 million in ransom over the 12 month period between November 2007 and November 2008. Given the weak conventional economy in Somalia, it is not difficult to see how the conditions have persisted in which the piracy “industry”, for want of a better word, has thrived. The latest figures state that up to 73% of the Somali population live on a daily income of less than US $2.
I think the previous line sums up the main attraction for piracy among the younger generation. Having seen the success of previous pirate operations, young Somali men (in general) are attracted towards the gangs of pirates that recruit in villages. It is not hard to see why they are attracted – taking part in a successful operation can raise a person’s income and status to a point that would be simply impossible by more conventional means.