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kylerussell

Enacting Cap-and-Trade Will Present Challenges Under China's System - 8 views

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    BEIJING - White House officials have lauded President Xi Jinping's anticipated promise of a national market for China in greenhouse gas quotas as a breakthrough in environmental cooperation and reform. But to work well, Mr. Xi's plan, expected to be announced in Washington on Friday, will demand big changes from a government accustomed to heavy-handed intervention and skewed statistics.
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    I liked this article for 2 reasons. 1) It would be environmentally beneficial for China to enact some type of cap and trade program because it is no secret that China is heavily polluted, which can be seen in the pictures. 2) It acknowledged the fact that even though a cap and trade system would not be economically beneficial for China, it would be the eco-friendly choice. "It can work perfectly if we have all the pieces of the puzzle ready, but if we don't have the rest of them, this one alone will not generate much benefit. There are also risks if we don't manage this well. The collapse of the carbon price may actually shut down the market." Even though the system is high risk, it is high reward with regards to the environment.
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    Cap and trade is a brilliant idea (I think). It creates scarcity (and rightfully so). I think it will be a driver for other countries to join the cap-and-trade revolution; as the article says, "The world's second-largest economy puts in place a price on carbon emissions, and this will be noted the world over." The only difficult part is with the measurement and verification aspect, of which Chinese businesses are known in particular in world markets to cut corners on occasion. As the world's largest polluter, and specifically the world's largest coal burner, China's continued free pollution policies do have global effects, and it is hard to force a nation to compensate for burdens bore by others.
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    I really like the cap and trade idea because it ensures that the every firm is paying the maximum amount each is willing to spend to pollute the air. Firms that don't value being able to pollute as much can sell their permits and use the money to become more environmentally friendly. The cap and trade method encourages technological change that reduces the harm from each unit of a firm's product. As the article says, "The intended result is a competitive market that induces companies to devise ways to reduce emissions." The cap and trade method will hopefully relieve China of some of its pollution.
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    The national environmental quota set by the cap and trade announced by President Xi shows that there is some possibility of environmental cooperation from China, one of the world's most heavy polluters. The article voices the well founded skepticism of critics, who doubt that this new system will work well when it hasn't exactly taken off among the nations of the European Union; however, China's state is very different from its western counterparts. Comparatively, it can exact more control over its countries' businesses and factories, so this system just may be successful.
Kay Bradley

Trade With China Essential Questions: Class List 11/2/10 - 0 views

1. Magnitude of trade: how has it changed over time? 2. Forecast? Will current trends continue? 3. Effects on small local business (define "small"; define "local.") 4. How critical is trade with Ch...

China Industrialized Democracies Less Developed World:

started by Kay Bradley on 02 Nov 10 no follow-up yet
Kay Bradley

More Wealth, More Jobs, but Not for Everyone: What Fuels the Backlash on Trade - The Ne... - 0 views

  • But trade comes with no assurances that the spoils will be shared equitably. Across much of the industrialized world, an outsize share of the winnings have been harvested by people with advanced degrees, stock options and the need for accountants. Ordinary laborers have borne the costs and suffered from joblessness and deepening economic anxiety
  • Policy makers under the thrall of neoliberal economic philosophy put stock in the notion that markets could be trusted to bolster social welfare.
  • From 2000 to 2010, the United States lost some 5.6 million manufacturing jobs
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  • Only 13 percent of those job losses can be explained by trade
  • The rest were casualties of automation or the result of tweaks to factory operations that enabled more production with less labor.
  • American factories produced more goods last year than ever, by many indications. Yet they did so while employing about 12.3 million workers — roughly the same number as in 2009, when production was roughly three-fourths what it is today.
  • a symphony of motion greets every arriving container ship. Cranes rev, lifting containers
  • Robots Running Things in Rotterdam
Kay Bradley

Beyond Belief - Clive Crook - The Atlantic - 0 views

  • name a single proposition in all social science that was both true and nontrivial. It took a while, but Samuelson finally thought of a good answer: the principle of comparative advantage
  • The doctrine in question, devised by David Ricardo in 1817, makes a strong claim about the gains that accrue from trade.
  • For nearly 200 years, the principle of comparative advantage, and the ideas about economic policy that flowed from it, divided the world into two camps: those with basic economic literacy, and the rest.
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  • Understanding this idea, and advocating it to the world, was part of what it meant to be an economist—especially an American economist.
  • ately things have changed. Some of America’s most eminent economists, including Samuelson himself, have edged away from that earlier consensus.
  • The shift is both momentous and disturbing. Just why it happened is a mystery.
  • what the principle of comparative advantage does not say.
  • trade between two countries will make both better off so long as each is especially good at making something different from the other
  • absolute advantage
  • there are mutual gains from trade even when one country is better at producing everything. All that matters is that its margin of superior efficiency is greater for some products than for others.
  • comparative advantage
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    Clive Crook weighs in on the Globalization debate.  
Kay Bradley

http://www.princeton.edu/~pkrugman/deardorff.pdf - 0 views

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    Paul Krugman macroeconomic discussion of comparative advantage and world trade: Acts 1-3
caroliner0che

British Trade Union Conference Evacuated Over Bomb Threat - The New York Times - 0 views

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    A meeting of the British Trade Union Congress in the Grand Hotel in Brighton (the same hotel where the IRA had previously bombed a Conservative Party conference) was evacuated due to an anonymous call saying there was a bomb in the building.
Kay Bradley

Population Control, Marauder Style - NYTimes.com - 2 views

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    Compare death rates from Mideast slave trade, Famines in British India, World Wars I and II, Genghis Khan, Mao Zedong. . . at the bottom of the graphic there's a table translating figures into % of world population at the time they occurred. Astounding!
Kay Bradley

Levinson, M.: The Box: How the Shipping Container Made the World Smaller and the World ... - 0 views

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    "The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger"
Kay Bradley

The Art of Economic Complexity - NYTimes.com - 0 views

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    For our unit on international trade and competition for resources: China, US, Japan, ???
mbarclay

CO₂ and other Greenhouse Gas Emissions - Our World in Data - 1 views

  • "territorial-based"
  • this method takes no account of emissions which may be imported or exported in the form of traded goods.19 "Consumption-based" accounting adjusts CO2 emissions
  • see the net emissions transferred between countries as a percentage of their domestic production emissions
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  • CO2 embedded in imported goods minus the CO2 embedded in exported goods.
  • some of the CO2 produced (and reported) in emission records of Asian and Eastern European countries is for the production of goods consumed in Western Europe and North America
  • The composition of this trade is also important in terms of carbon intensity.
  • The goods exported from Russia, China, India, and the Middle East typically have a high carbon intensity, reflecting the fact that their exports are often manufactured goods. In contrast, we see that exports from the UK, France, Germany and Italy are low; this is likely to be the higher share of export of service-based exports relative to those produced from heavy industry.
Chelsea Wirth

European Union Intensifies Sanctions on Iran - 1 views

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    This article talks about how the European Union disapproves of Iran's nuclear probram. The European Union banned trade in many basic industries such as natural gas so to cause greater difficulties for iran. Iran has also experienced a tough economic climate amidst a world suffering from a great economic depression. For example, Iran has had extreme inflation that has been extremely damaging towards its economy and its power in the world.
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    Very cool!
Catherine Binder

Say hi to the Crazy - 3 views

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    This article is a few weeks old, but the writer brings up interesting points about Islam, the NY mosque debate, and the United States' international relations. His mention of Hiroshima's Peace Park in comparison to the US' plans for Ground Zero is intriguing. Heather's article about the syphilis experiment in Guatemala is just one recent example of why the US is perceived as domineering. I never thought to question our plans for the former site of the World Trade Center, but I completely agree with the writer - why are we building a gaudy shiny tower instead of something more inviting that could facilitate discussions between countries? He states that "It would be nice if our ground zero could become an international home of reconciliation. Instead of continuing the hatred, defuse it."
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    I like how Jon talks about "the Crazy." I sometimes get caught up in trying to figure out how and why some people have seemingly immoral opinions about things. I first have to remind myself that I'm not always right myself, and if after that I think the issue really is a simple difference between right and wrong, I try to think of the reasons as to why people would think differently from me. It's one thing to think that all of those people are just stupid, all of them have to be evil to think such a thing, all of them don't know what they're talking about. Truth is, it's a mix. I wish I knew more about the mosque issue to be able to have a solid opinion on whether or not it should be built, but I do think the people on each side of the matter need to stop generalizing about the other. The anti-mosque-ians should recognize that terrorists are part of every religion. The pro-mosque-ians should recognize that some of their opposers know what they're talking about, but a lot of them are just caught up in "the Crazy." Both sides should try to understand the other as to dispel any false notions they have about each other (or themselves) and to try and come to a rational, peaceful decision.
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    I never thought of comparing 9/11 to the bombing of Hiroshima. Although what happened on 9/11 was absolutely terrible, the scale of the tragedies is really different: 2,000 vs 100,000, a few crazies vs a nation's decision to use extreme power. I don't want to sound insensitive, but I feel as though 9/11 is sometimes blown out of proportion; there have been worse tragedies in the world, at least statistically speaking. However, the emotional and symbolic significance definitely hit the U.S. hard: so many people killed, so much fear, being attacked so close to home, over different religious beliefs. I get the feeling that the author is comparing 9/11 to Hiroshima partially to appeal to people who view it on that scale. I never thought much about the plans for the new towers, but when I did, I suppose I thought it was good we were picking ourselves up and moving forward. But perhaps we would be moving forward in the wrong direction. I really like the idea of a peace garden or a building dedicated to world peace. I think that would be a very inspired way to address the tensions that caused 9/11. I hope parts of the new building will be dedicated to working for peace. Although I doubt anyone will suddenly change the plans for the tower, I think it is actually quite possible that some parts of the building will serve this purpose.
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    I agree with Alison. All to often we get caught up in our own opinions which sometimes means that we contend every other opinion is wrong. For example, I think that the mosque should be built near ground zero. I think this because to generalize against a whole religion because of a small part of one of the largest religions in the world seems dumb; however, after thinking about this I do realize that the other side to this argument is valid. Why a mosque? Can't we accomplish something similar in terms of fostering peace by building something else? As heather said, this still could be moving forward in the wrong direction. I do not know. But I am trying to be open about the other side to this very multidimensional issue. It is wrong of us to think it is an ethical issue with two side of right and wrong, there is in fact a lot of grey areas.
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    Hey all, I'd just like to remind everyone that the "mosque" is not being built at ground zero (in fact it's in a Burlington Coat Factory blocks away: http://www.huffingtonpost.com/matt-sledge/just-how-far-is-the-groun_b_660585.html. I think the ethical debate surrounding the issue is just further testament to the fact that many Americans unconsciously subscribe to media hype, regardless of their positions on issues. While I agree with what has been said about the ethics of a hypothetical mosque at ground zero, we should realize that this ethical dilemma is a fallacy and exists only as a headline. Also, I think the we/the press/everyone should be more careful who we label as "crazy irrational terrorists". We should realize that those guys didn't get on the planes on 9/11 because they were born without enough of X hormone, they were there because of a long history of western intervention etc. in their home countries. We shouldn't be so quick to dismiss terrorism as an irrational act by sick people, it only allows us to forget the underlying complicity that we have with the issue.
kylerussell

Since 9/11, Threat of Terrorism Has Morphed - 4 views

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    LONDON - On this day 14 years ago, Sept. 11, 2001, I was newly arrived in Berlin as bureau chief and doing an interview in a cafe. The normally unflappable bureau manager, Viktor Homola, telephoned and said I should get back to the office, because an airplane had just hit the World Trade Center in New York.
Rachel Bachman

European Union Intensifies Sanction on Iran - 0 views

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    The European Union has toughened sanctions against Iran over its disputed nuclear program, banning trade in industries like finance, metals and natural gas, and making other business transactions far more cumbersome, expressing "serious and deepening concerns over Iran's nuclear program." Iran is now suffering acute inflammation, further lowering is credit and ability to sell oil.
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    It is interesting to consider the dangers that sanctions on states like Iran pose to the international system. Generally, we have been approaching Iran as an "immature" state that does not have the right to have a nuclear program. This sort of attitude alienates Iran and produces resentment against the Western world.
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    Iran is suffering inflammation??? Or inflation??? :^)
Kay Bradley

Methodology 2019 | Freedom House - 0 views

  • three-tiered system consisting of scores, ratings, and status.
  • tables for converting scores to ratings and ratings to status, appear at the end of this essay.
  • 0 to 4 points for each of 10 political rights
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  • 15 civil liberties indicators
  • 4 the greatest degree of freedom
  • The political rights questions are grouped into three subcategories: Electoral Process (3 questions), Political Pluralism and Participation (4), and Functioning of Government (3).
  • The civil liberties questions are grouped into four subcategories: Freedom of Expression and Belief (4 questions), Associational and Organizational Rights (3), Rule of Law (4), and Personal Autonomy and Individual Rights (4).
  • For the discretionary question, a score of 1 to 4 may be subtracted, as applicable (the worse the situation, the more points may be subtracted).
  • The highest overall score that can be awarded for political rights is 40 (or a score of 4 for each of the 10 questions). T
  • highest overall score that can be awarded for civil liberties is 60 (or a score of 4 for each of the 15 questions).
  • ach rating of 1 to 7, with 1 representing the greatest degree of freedom and 7 the smallest degree of freedom, corresponds to a specific range of total scores (see tables 1 and 2).
  • A country or territory is assigned two ratings
  • The average of a country or territory’s political rights and civil liberties ratings is called the Freedom Rating
  • upward or downward trend arrow
  • A trend arrow must be linked to a specific change or changes in score, and cannot be assigned if the country had no net change in score
  • Most score changes do not warrant trend arrows.
  • Electoral Democracy
  • designation “electoral democracy” to countries that have met certain minimum standards for political rights and civil liberties;
  • an electoral democracy designation requires a score of 7 or better in the Electoral Process subcategory, an overall political rights score of 20 or better, and an overall civil liberties score of 30 or better.
  • Countries and territories with a rating of 6 have very restricted political rights. They are ruled by authoritarian regimes, often with leaders or parties that originally took power by force and have been in office for decades.
  • hey may hold tightly controlled elections and grant a few political rights, such as some representation or autonomy for minority groups.
  • few or no political rights because of severe government oppression
  • While some are draconian police states, others may lack an authoritative and functioning central government and suffer from extreme violence or rule by regional warlords.
  • limits on media independence
  • estrictions on trade union activities
  • discrimination against minority groups and women.
  • strongly limit the rights of expression
  • frequently hold political prisoners
  • virtually no freedom of expression or association, do not protect the rights of detainees and prisoners, and often control most economic activity.
  • The gap between a country or territory’s political rights and civil liberties ratings is rarely more than two points. Politically oppressive states typically do not allow a well-developed civil society, for example, and it is difficult, if not impossible, to maintain political freedoms in the absence of civil liberties like press freedom and the rule of law.
sebastianw2023

Taiwan shoots at Chinese drone after president warns of strong countermeasures - 0 views

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    This is the first time shots have been fired during this most recent Taiwan-China conflict. Knowing the nature of both sides' militaries, who will know what happens after this.
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    It's funny how China is kinda playing the role of an annoying little brother. They don't want to start the conflict, but they continue to provoke Taiwan until they hopefully (in China's eyes) collapse and make a rash choice to attack, giving China justification to take extreme measures against Taiwan.
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    I've always been reminded every now in then of the conflict between these two powers that are so close together, mostly on the internet and in school. I remember when I first learned about how Taiwan considers itself independent from China and how tension has been raising throughout the years. It's crazy to see that this tension could lead to fighting between the sides and how other world powers such as the US will respond. Especially with how big trading with China is for us.
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    Interesting observations, Subby, Will and Duncan! Let's also remember that Taiwan was the official stand-in for "China" in the United Nations for 26 years! (1950-1976), during which the US denied China's existence and Taiwan sat in the United Nations representing all of China). Getting Taiwan back in the communist fold would represent an important piece in President Xi's geopolitical ambitions, along with subjugating the Tibetans and the Uighurs, claiming territorial rights around the human-made islands in the South China Sea, and expanding the Belt and Road initiatives all over Asia. It's a LOT.
Heather Anderson

China Spreads Aid in Africa, with a Catch - 0 views

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    China is gaining a reputation for corruption. One of it's most secretive areas of spending is in international aid, which seems to be a vehicle for huge kickbacks for very few people. Namibia accepted China's offer of millions of dollars to use to buy special scanners that analyze cargo containers for illegal or dangerous contents. China did not let Namibia choose the company to buy from or compare prices of companies; instead, a Chinese company was chosen for them, Namibia was to buy the scanners for a ridiculously inflated price, and the head of the scanner company received millions of dollars that had nothing to do with the scanners: "Investigators charge that Nuctech agreed to hire Ms. Lameck's consulting company, Teko Trading, in 2007, a month after President Hu's visit. Nuctech agreed to pay Teko 10 percent of the contract if the average price of one scanner was $2.5 million. If the price was higher, Nuctech would pay Teko 50 percent of the added cost. A subsequent agreement fixed the amount of commissions at $12.8 million, according to court records." China is using international aid to give friends huge amounts of money and fund national businesses. That is not how aid is supposed to work.
Matthew Schweitzer

The Geography of Chinese Power | Foreign Affairs - 1 views

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    This article is a fascinating exploration into the new era of Chinese influence, examining both China's meteoric rise to economic maturity and its continued military advancements. Indeed, looking at the rising role of China in the global military world, it is hard not to foresee a conflict looming, whether it be small or on a larger scale, with the Asian giant in the future. Despite our economy being linked with China's, the possibility for a trade war, which could escalate into something more serious, is a possibility that cannot be forgotten by US policymakers. Ultimately, China's rulership is unstable, revealing the most dangerous aspect of the nation's power, and the greatest threat posed to United States' interests in the future.
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