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Clelia K

Why South America\'s slowdown will worsen deforestation - 2 views

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    A commodity boom has helped pull millions out of poverty across South America over the past decade. It has also unleashed a new scramble for oil, minerals and cropland that is accelerating deforestation and fueling a new wave of land conflicts from Colombia to Chile. The land and the forests are poorly regulated and protected leading to illegal plundering of resources which end up deteriorating and damaging the environment. This article is also a good example of negative externality of consumption and how demand can indirectly increase the damage inflicted on the environment. Since the amazon rainforest is only protected in some places and not in others (and the protected places are still open to the public), it is a common resource that is constantly being violated and reduced.
Kim D

Low Oil Prices Are History's Greatest Case of Market Failure - 1 views

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    This article is about how basing the oil business around the idea of the planet is running out of oil concept was a huge mistake as oil prices crash like a plane on fire.
Sivakriskul V

Could Closing the High Seas to Fishing Save Migratory Fish? - 2 views

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    Because the High Seas operates as an unregulated global commons, its wild fishes population are in precipitous decline. Since they are accessible by any nations, where any nation can take as much as they want. Having no catch limits in the High Seas, migratory fishes are being overfished and their population are expected to continue to decline. However, researchers found out that closing the high seas could double the populations of the important fishes species.
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    This is also article also highlights the point similar to my article since that people thought that they could take as must fish as they watned out of the ocean since they thought that the negative externalities is shared by everyone while the profit was not.
Howard E

In Deep Water - 0 views

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    This article considers the impact on the ocean that we are causing by having is as a public good with public access.
Ojabo V

The tragedy of the high seas - 5 views

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    The article talks about one of the world's most tragic tragedy, which is "tragedy of the commons". This theory explores when a resource is available jointly, people often deplete these resources, rather than save them. To further support the theory, the article focuses mainly on "over-fishing" and how the ocean is a "common area", therefore anybody can choose to fish out there, and this leads to the problem of over-fishing and destroying the habitats of the high seas.
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    This article discuss that due to the melting of arctic ice and over exploitation of fish area known as dead zones are quickly spreading thereby deteriorating the 'common' high seas known to be economically beneficial to all.
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    This article talks about how our over dependence on the seas are affecting them and in turn affecting us. Since the seas are responsible for so much in human life, the deterioration of the seas could greatly affect different facets of human life such as climate among other things.
Al Qassim H

Privatization Not the Answer for Saving the Commons - US News - 0 views

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    Our modern global economy struggles with the challenge of using limited natural resources without exhausting them. It seems difficult to keep the common privatised and put regulations so that they arent overused by the community. In addition to that it was mentioned that privatisation can lead to the destruction of local economies in some cases
Ojabo V

NPPA invites comments on Tata Memorial list of cancer drugs - 0 views

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    This article talks about including 12 new drugs on the list of those under price control. What's unique about these drugs is that they are commonly used by people undergoing cancer treatment. By setting a price ceiling for these drugs, the government hope to make them more accessible to wider range of people and hopefully save more lives.
Anthony E

Multinational Corporations Strive To Compete - 0 views

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    Multinational corporations (MNCs) are facing an increasingly competitive landscape. An uncertain economic outlook, as well as cultural and regulatory differences, creates a challenging scenario for such firms. International expansion has a number of advantages for corporations, including higher growth potential and access to cheaper resources and labor.
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