Rather than disappearing, piracy has actually become more advanced and dangerous over the past several centuries. Piracy currently poses a direct threat to trading ships, which carry about 90% of the world's cargo, according to the International Maritime Organization. As pirate attacks worsen, states that do not effectively combat pirates lose their international reputations -- companies are less likely to send their vessels both near these countries' territorial waters and into their ports, and the lack of government protection decreases prospects for foreign direct investment and trade, which in turn causes the economies of pirate-plagued nations to suffer. Many efforts to deal with piracy in the past have proven inconclusive. The reality is that combating piracy is an extremely problematic and complex issue. In order to sustain and strengthen the anti-piracy regime, the international community must work to strengthen the enforcement capabilities of individual nations.
Squashing the Skull and Bones Reforming the International Anti-Piracy Regime
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