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kylerussell

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

www.nytimes.com/...nping-limit-cap-and-trade.html

shared by kylerussell on 26 Sep 15 - No Cached
  • kylerussell on 26 Sep 15
     
    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.
  • ...2 more comments...
  • olivialum on 29 Sep 15
     
    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.
  • samoshay on 29 Sep 15
     
    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.
  • alisimons on 29 Sep 15
     
    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.
  • Kako Ito on 29 Sep 15
     
    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

www.nytimes.com/...els-the-backlash-on-trade.html

shared by Kay Bradley on 09 Nov 16 - No Cached
  • 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
  • ...5 more annotations...
  • 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

www.theatlantic.com/...306172

globalization comparative advantage political economy economics atlantic

shared by Kay Bradley on 24 Sep 12 - No Cached
  • 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.
  • ...8 more annotations...
  • 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
  • Kay Bradley on 24 Sep 12
     
    Clive Crook weighs in on the Globalization debate.  
Kay Bradley

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

www.princeton.edu/...deardorff.pdf

comparative advantage economics trade Krugman

shared by Kay Bradley on 25 Sep 12 - No Cached
  • Kay Bradley on 25 Sep 12
     
    Paul Krugman macroeconomic discussion of comparative advantage and world trade: Acts 1-3
aleishaallen

How many Yemenis need to die before we stop selling arms to Saudi Arabia? | Kate Allen ... - 0 views

www.theguardian.com/...menis-die-uk-arms-saudi-arabia

arms trade UK Saudi Arabia Civilians Yemen

shared by aleishaallen on 10 Sep 16 - No Cached
  • aleishaallen on 10 Sep 16
     
    The US has proposed blocking the flow of US arms into Saudi Arabia, but the UK will not do the same. There have been many civilian deaths in Yemen due to the arms being provided by the US and UK. Lawmakers in the UK have proclaimed that the continued supply of arms to Saudi Arabia breaches several international humanitarian laws. However, even after extensive evidence of the damage the weapons are doing to civilians, the UK refuses to consider stopping the trade.
Kay Bradley

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

www.nytimes.com/...rt-of-economic-complexity.html

world trade economy visualize

shared by Kay Bradley on 08 Sep 11 - No Cached
  • Kay Bradley on 08 Sep 11
     
    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

ourworldindata.org/other-greenhouse-gas-emissions

saudi arabia nytimes

shared by mbarclay on 21 Oct 18 - No Cached
  • "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
  • ...4 more annotations...
  • 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.
caroliner0che

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

www.nytimes.com/...britain-security-brighton.html

shared by caroliner0che on 10 Sep 17 - No Cached
  • caroliner0che on 10 Sep 17
     
    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

The Quaker Economist #43 - The Commanding Heights - 0 views

tqe.quaker.org/...TQE043-EN-Commanding.html

shared by Kay Bradley on 25 Oct 16 - No Cached
  • Kay Bradley on 25 Oct 16
     
    "the "commanding heights" (large-scale industry, foreign trade, banking, and transport) "
Kay Bradley

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

www.nytimes.com/...on-control-marauder-style.html

population marauders death rate war casualties nytimes

shared by Kay Bradley on 06 Nov 11 - No Cached
Kay Bradley liked it
  • Kay Bradley on 06 Nov 11
     
    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!
charlesleesohn

How Singapore can secure its economic future, Economy News & Top Stories - The Straits ... - 2 views

www.straitstimes.com/...can-secure-its-economic-future

shared by charlesleesohn on 29 Sep 15 - No Cached
  • Technicians with highly specialised skills
  • REMAIN ATTRACTIVE TO COMPANIES
  • awyers and businessmen negotiate deals spanning multiple countries across the region
  • ...1 more annotation...
  • We have to keep the environment conducive for allowing different industries to come and go... Singapore must remain an attractive place to do business for highly specialised, high value-added companies... There's no way of knowing what kind of industries they will be in. MR SONG SENG WUN, CIMB Private Bank economist
  • charlesleesohn on 29 Sep 15
     
    Really cool ideas being shared on how a modern city-state can develop its economy.
  • smowat on 29 Sep 15
     
    Interesting to see how just the geography of a country can shape its economic growth and international trades importance. Also how improving internal infrastructures affect international trade and domestic econmies.
kian vafai

The Silk Road equals diversity - 2 views

India's geographic location was historically vital to the religious, ethnic, and cultural diversity that defines the nation today. The existence of a formidable civilization thousands of years ago ...

India Culture Trade

started by kian vafai on 25 Oct 13 no follow-up yet
Shalina O

Visualizing the US/China Trade Relationship - 4 views

www.flickr.com/...photostream

US China Trade Relationship

shared by Shalina O on 09 Oct 10 - No Cached
Kay Bradley liked it
  • Shalina O on 09 Oct 10
     
    This is a little random, but I stumbled upon this interesting infographic. Fun Fact: China exports to the US are valued $337.8 billion (roughly 15% of our total imports)
  • Rebecca Heller on 18 Oct 10
     
    Highlights the fact that we would be in BIG trouble if our relationship with China went downhill- which may be a reason that we haven't gotten too involved with their government, even with all its problems.
agnesg22

UN General Assembly calls for US to end Cuba embargo for 29th consecutive year | | UN News - 0 views

news.un.org/...1094612

Cuba US UN

shared by agnesg22 on 02 Nov 21 - No Cached
  • agnesg22 on 02 Nov 21
     
    "A total of 184 countries on Wednesday voted in favour of a resolution to demand the end of the US economic blockade on Cuba, for the 29th year in a row, with the United States and Israel voting against"
  • agnesg22 on 02 Nov 21
     
    (Wikipedia) "The United States embargo against Cuba prevents American businesses, and businesses organized under US law or majority-owned by citizens of the United States, from conducting trade with Cuban interests. It is the most enduring trade embargo in modern history."
anays2023

Bitcoin, ethereum rise as Venezuela launches digital currency - 1 views

finance.yahoo.com/...igital-currency-081104851.html

shared by anays2023 on 20 Oct 21 - No Cached
  • Bitcoin (BTC-USD) was up roughly 3% to trade at $44,537 (£33,108) while Ethereum (ETH-USD) the world's second largest crypto by market cap was up 2.3% to trade at $3,074.
  • anays2023 on 20 Oct 21
     
    Cool article that ties into the crypto discussion about Latin America
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