Group items tagged

This article is about the need for Industrialization in African states. Industrialization would improve the productive efficiency in these countries by lowering the average costs of production. Secretary-General Ban Ki-moon believes that increased industrialization in Africa will increase competition and allow integration into the global economy.

Human trafficking is 3rd largest global crime enterprise, exceded only by drug and arms trafficking, as many of you have heard over and over again " We have some very basic statistic on human trafficking". We've looked at this mainly as a law enforcement issue and as a human rights issue. But it is also an industry. By some estimates, the industry is growing, and the worldwide illegitimate gain from industry is as high as $ 32 billion per year. I think that this topic is relevant to this week "development" topic because it is one of the main worldwide crime, and governments all over the world should be fighting against it and it is one thing to develop.

This article is about the Russian automobile industry and it mentions the need for trade to improve technology.

A group of United States congressmen yesterday sent a letter drafted with their legislative counterparts in Korea to Presidents Barack Obama and Lee Myung-bak urging the renegotiation of the U.S.-Korea bilateral free trade agreement. The letter calls for restrictions on certain service industries and a revision of provisions on a dispute settlement mechanism involving foreign companies. Beef and auto provisions, the main stumbling block to the ratification of the pact on the U.S. side, were not mentioned.

The objective of this article is to describe how the transformation of the trade and industrialization regime is taking place in Ecuador and what are the systemic factors which condition the realization of this transformation. A long-run perspective of economic policy and growth in Ecuador (considering the whole of the twentieth century) reveals that growth has been relatively fast compared to other countries in the region, with exports as the driving force of that growth

This article talks about how the US government implementing Health care reform would have many positive externalities. In addition to producing an overall healthier population, the health care also provides more job opportunities for people not only in the health care industry but for people with MBA's as more people are needed to organize the growing sector.

This is a discussion between specialists Ken Auletta, Fred Wilson, and John Markoff concerning Google's current position in the market and where it may hope to progress in the future. Since Google has few competitors and many economies of scale, it is very close to a natural monopoly. However, what will happen to Google in the future? What about developments in technology and industry? Google will have to work hard to stay on top.

This article doesn't specifically mention a natural monopoly, but it refers to one because it is an industry with high sunk costs that is more efficient with less firms and central infrastructure.

This article talks about the car industry and how various care companies are trying themselves. Many are trying to be the "most environmentally friendly". Some keeping performance as their distinguishing factor. All of this shows forms of non-price discrimination in the marker

This is an example of a negative externality created by the rapid industrialization of China. This externality is created because the market price does not take into account the costs incurred by third-parties not involved in the transaction. In this case polluted waters damage the natural environment and pose a hazard to the people, but corruption and lack of legislation means that little is being done.

This article talks about the negative externality of industrialization that is pollution. Apparently, there was an abundance of smog in Britain from as early as 1904.

This article shows how the recall of several Toyota models acts as a form of non-price competition for other firms in the car industry. Ford and GM have benefited from the lack of consumer trust in the Toyota, and have both seen an increase in sales.

The demand for plastics has increased and is expected to grow even stronger due to the eradication of taxes by the government, which has logically lowered prices. Elasticity is here referred to as demand for plastic increases due to the decrease in prices. However, plastics industry fears a decrease in demand if taxes are re-established; referring to elasticity as well.

With the current recession, many consumers have switched from luxury car brands to inferior ones. With the decrease in income, people have switched to car brands that are more affordable but still enable mobility. As a result, the luxury car industry has seen a decrease in sales from previous years.

This article relates to the great competitivity which is undoubtedly present in the Canadian music market, "with 11 times the music businesses expected for its size."

The EEF manufacture organization in UK announced that public finances are needed to restore the stability of the Uk's productive sector or else firms are going to drop out of the industry. This is relevant to the concept of effeciency because if these firms cannot either reach the allocative or productive effeciency, they will have to exit from the industry due to tremendous loss.

Against a backdrop of stubbornly high unemployment, both major political parties in the US have picked out China as a target for anger and, perhaps, protectionism. Concerned that cheap Chinese industries are usurping US jobs, politicians are threatening protectionist measures.

This article is about the new Google operating system for netbooks. Google is attempting to take over this part of the PC industry, which is currently dominated by Microsoft.

The two big players of the online-retailer shops are Amazon and Wal-Mart. As the holiday season approaches, their price-discoutngin battles becomes intense every now and then. This ties into the topic of monopoly because these two firms dominates the online-retail industry.

Clean air is a public good, as it is non-rivalrous and non-excludable. The provision of clean air is a massive problem in China, because its rapid industrialization and high output has come at the cost of the environment, and subsequently created large amounts of toxic waste that is being released into the air and the water.