Group items tagged

Trying to protect Brazils forests is a difficulty. Logging cannot be stopped due to common access to the amazon. Farmers make use of the forests until they maximize their utility, causing negative externalities. River banks are ednagered by erosion and wildlife loses its inhabitat. The new Laws by the government are not good enough to prevent logging and support sustainability.

The article is a special example of a common good, as it gives us an example of a private property that is now going to be opened to the public. Lisa and Leon Gorman, the prior owners of Lane, an island near the mouth of the royal river in Yarmouth, have donated their private property to the Main Coast Heritage Trust. The Island formerly being a private hunting territory shall now become accessible to the public. It has been recognized as an "ecologically significant site" and shall now become part of Royal River which is being restored and protected. A long-term management plan is being developed, which includes the economic vitality as well as the significance of ecological protection of the Island and its surroundings. Although in a slightly different scenario, this article could give us an example of Elenor Ostroms theory of effectively sustaining resources through a self-motivated community.

This article looks at what the Royal Bank of India believes could be harmful for the future. There are five main points, and one of them talks about the aggregated demand. There is hope for the aggregate demand to increase due to infrastructure projects coming through.

India is facing some macroeconomic concerns. Her economic recovery remains at slow rate. This causes weaknesses in aggregate demand and consumption demand.

This article discusses China's developing economy, the major consequences of this growth, and regulations that have been presented to mitigate some of the damage. Their developing economy causes an increasing output of energy required to sustain it, and as consequence, an increase in harmful emissions (a negative externality).

The article discusses the development around a planned economic integration to the political African Union (AU). Plans were made to establish a free trade agreement amongst the large AU, however officials have deplored the low level of sustainability among member states, and general non-inclusive attitude of many economies.