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With the increasing demand for oil, developers are looking into projects like the Lower Tertiary in the Gulf of Mexico. While such developments could produce as many as 15 million barrels of oil, they would also be plunges into the unknown. Not much is known about the Lower Tertiary, and therefore any possible developments there could obtain less oil - and less profit. However, because oil is in such high demand internationally, the oil developments may actually prove to be economically beneficial to oil producers, given that the producers are willing to take the high risk in searching for the oil.

This article is about India cautioning the developed world against protectionist methods that prevent developing nations from engaging in specialization and taking advantage of comparative advantage.

This article describes Ahmed's, Somalia's president, intentions to increase the development of the country; this is turning very hard to achieve as the civil war is destroying everything that had been built. Ahmed is now asking foreign countries to help him with is desire to develop the country towards higher standards of living, through first reaching peace.

This article speaks about how the balance of economic power has started shifting form the West to the east and talks about the role that developing countries have played as we approach the 10th anniversary of the Doha Development Agenda

This article points out some arguments for why microfinance may not be an effective development strategy.

This article talks about developing countries, such as China and India, wanting to join in free trade with more developed countries in Europe and the US.

This article is about the Mining of Diamonds in Zimbabwe. While the mining of these diamonds may lead to economic growth for the country, it does not lead to economic development. The money falls into the hands of unsavory Mafia types instead of the hands of the people who mine.

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.

New studies are targeting the HIV/AIDS virus in Africa, where it is widespread and diminishes lifespan. The new measures in medicine can extend the lifespan of infected individuals, and may also prevent HIV/AIDS from spreading as quickly as it does now. Researchers are looking at options that include HIV screening programs, vaccines, and antiviral treatments. All these measures are helping Africa's development, especially in terms of health and individual lifespan.

Unemployed immigrants are attending bars at weekly basis to develop skills like making eye contact and promoting themselves to strangers. The Upwardly Global, a NPO established to support job-search for immigrants from developing countries and help immigrant professional find jobs in their own field. This article is relevant to this weeks topic because these immigrants are 'unused factors' in the economy that can produce higher productivity if it were used at its fullest capacity.

This article talks about President Obama's recent actions to crack down on pollution and harmful emissions in the United States. It talks about Obama's use of pollution permits to encourage a decrease in emissions for electronic utilities and factories. Essentially, Obama wants to use the market for pollution permits to protect climate and develop greener technology.

This article is about teachers in Chad going on strike because their pay does not cover high food prices and other costs of living. This high cost of living, which many people cannot afford, means that people's lives are not improving. This shows a lack of economic development.

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 is about the recent increase in commodity prices. This could significantly alter terms of trade for many countries. For developing countries that depend on commodities, a rise in their prices could increase terms of trade; for developed countries that import commodities, the price increase will hurt terms of trade.

This article speaks about how a key driving factor in the Egyptian uprising was income inequality. As Egypt developed, a small portion of the population became very rich while most people continued to struggle.

This is about the potential dangers of foreign aid. Donors to Mali are insisting that the cotton industry be privatized. However, this poses a thread to the economy.

This article is about India President's pledge to lower corruption. It talks about how corruption has made India's rapid economic growth less attractive to foreign investors, which is needed for increased economic growth and development.

This article is about the World Bank approving a water quality and sanitation project in Argentina. The World Bank finances many development projects around the globe. This one will improve health, one source of development.

This article refers to the dilemma of producing energy but through wasting a huge amount of resources, in this case electricity vs. water. The Solar Millenium, a German developer, would provide hundred of jobs and generate electricity, but this would imply the use of 1.3 billion gallons of water a year, 20 percent of the water available to the town.

The EU, which has adopted the common market system comprised of most European countries, is seen affected as a whole by one country's actions, Belgium's dependence on cheap raw materials.