Group items tagged

From Sondos, sent to Mr. Baron: Whilst theinternet and technological developments provide massive opportunities, theyalso create problems. For some time now, newspapers have seen declining sales,as more and more information becomes available online. The higher price ofbuying newspapers decreases their demand all while increasing that ofinternet-based news links. Type something into Google or any other searchengine and you will typically find thousands of relevant articles, even if thestory has only just broken. As revenue from newspaper sales falls, revenue hasto be made somewhere else to continue investment in 'frontline journalism'. Thequestion is: where will this come from?

Excel Energy Inc. in Denver Colorado decides to transfer switch one of its coal-fired power plant units to run on natural gas as part of its plan to cut emissions. By this, they attempt to decrease the negative externalities, or, on other words, the colossal amounts of pollution and green house gases emitted by coal-fired power plants. The question is; will this switch be effective in reducing the pollution negative externality?

Global warming, the "mother of all negative externalities", may be a substantial opportunity for development for Africa. Pavan Sukhdev and other prominent economists claim that monetization of natural assets by "rediscovering" economics may bring great wealth to Africa.

In India, new cars are being registered at a rate of nearly two million per year. The Indian auto industry has become the world's seventh largest, now having overtaken every European country except for Germany. This exponential rate of production comes at an opportunity cost however. A mixed externality takes place. The stimulation in the auto industry increases the demand, and therefore the possession of cars in the country, which will hence increase the amount of green house gases released by general motor transport, aggravating atmospheric pollution.

This article is about India and the lack of SEZs (special economic zones). Navjot Singh Sidhu, Indian politician, says that creation of SEZs is crucial to the economic growth of India. He says that SEZs would attract foreign investors to the local area and create employment opportunities for unemployed youth.

The Obama administration wants to complete free trade agreements with south korea, columbia and panama. They hope to create more jobs that were initially lost by foreign competition. The trade agreements will reduce the price of American products and therefore will increase the sales of these american goods. Obama said: "These agreements will support tens of thousands of jobs across the country for workers making products stamped with three proud words: Made in America,"