Economy Vs Environment. Development assumes economic growth, and economic growth is impossible without industry, which needs energy resources.
Though nowadays it is more and more often claimed that humanity can develop without causing damage to nature, there still exist strong opposing arguments to this thesis. Development assumes economic growth, and economic growth is impossible without industry, which needs energy resources. Nowadays, the range of goods, required by common people, has expanded significantly, compared to the old times. People feel the need, not only for some primary things, such as a piece of bread and a roof over their heads, but also, for various facilities and luxuries. Providing humanity with these things involves the exploitation of natural resources. In turn, the conventional sources of energy we use today cause pollution, so economic growth is almost inevitably associated with environmental damage. One of the aspects of economic growth which affects the environment most of all is that, in order to produce more goods and products, at a faster rate, the construction of large industrial plants is required. These enterprises generate a lot of waste in the form of liquid waste and gaseous fumes. The liquid waste is frequently dumped in fresh water bodies, while the gaseous fumes are released into the atmosphere. The liquid waste leads to the pollution of water, damaging the aquatic ecosystem (Mary, 2007). The gaseous fumes pollute the atmosphere, which may cause negative, long term, health
Should Vietnam Concentrate on Tourism for its Economic Development?
Should Vietnam Concentrate on Tourism for its Economic Development? Vietnam is in the republic of South East Asia, bordered by China on the north, by the South China Sea on the east and south, and by Cambodia and Laos on the west. Officially the Socialist Republic of Vietnam, its area is 331,690 sq km (128,066 sq mi). Hanoi is the capital of Vietnam and Ho Chi Minh City is the country's largest city. Ho Chi Minh is at the coordinates 106 degrees south, 10 degrees west on a map. There many ways in which the tourist industry would benefit Vietnam as a whole. Tourism, of course, makes a huge amount of money; it could be hundreds of millions every year. For example places like Barcelona have become huge, great cities full of people thanks to the money made from tourism. Tourism also creates lots of new jobs for the people living in the country and some people who will come to work in Vietnam from other countries. The new jobs will trickle right down to the farmers who grow the food for the people who sell food to the hotels. This means it will be very good for agriculture, giving farmers more money to buy more land and grow more crops. People who have jobs in other industries making products for MEDCs like workers in Pepsi factories, could easily switch to having an easier but better paid life in the tourist industry. Concentrating on tourism alone might still work for
To what extent are natural resources the pre-requisite to economic development?
To what extent are natural resources the pre-requisite to economic development? This question focuses on whether natural resources are the essential ingredient for economic development within a country. To do these I need to define what natural resources are, and define the levels of economic development. Natural resources are features that are needed and used by people. These can include raw materials, climate and soils, whereas human resources may be divided into people and capital. Economics development is associated with a growth in wealth based on GDP or GNP. This implies that the standard of loving and quality of life has improved. The relationship between natural resources and development is complex. Many developing countries are very well endowed with natural resources, yet have not achieved prosperity. Sierra Leone in West Africa has substantial mineral, agricultural and fishery resources. Bauxite, titanium oxide and diamonds are the principal exports. The economic and social infrastructure is not well developed however, and serious social disorders continue to hamper resource exploitation. In 2000 Sierra Leone was ranked the poorest country by the UN. To understand why some countries are able to develop much more quickly than others, and why others cannot seem to develop at all, we have to look at case studies from around the world. To begin with, I will look at
Economic impact of genetic engineering on development
Cloning Technology Opinion Paper Why shouldn't humans attempt to clone living organisms including humans? Why do people think it is wrong? Nevertheless, natural cloning occurs everywhere. All plants, some insects, algae, unicellular organisms that conduct mitosis or binary fissions, and identical twins are all clones of each other. As long as genetic make-up is the same they are considered clones. Cloning would bring endless potentially important benefits to everyday life and more importantly, the future. . By being able to clone living organism, we can help endangered species such as tigers and many other nearly extinct animals from being wiped from the face of earth. The idea does not stop there. In the future meat supplies and food sources will become scarce because of the population expanding and insufficiency of land to farm or breed. Therefore, with the technology of cloning, humans can clone essential and necessary animals such as cows and sheep and agricultural animals to provide us with food instead of wasting a lot longer in time and breeding them. If we start researching cloning technology now, in the near future we will be able to make safe and healthy clones faster and more economical. However if ethical reasons and religious beliefs continue to slow down and stop scientific development like every time in history, (such as development of Cell Theory, numerous
Is climate change an inevitable consequence on economic development.
(b) Is climate change an inevitable consequence on economic development (15 marks) The Industrial Revolution in the 19th century saw the large-scale use of fossil fuels for industrial activities. These industries created jobs and over the years, people moved from rural areas to the cities. This trend is continuing even today. More and more land that was covered with vegetation has been cleared to make way for houses. Natural resources are being used extensively for construction, industries, transport, and consumption. Consumerism (our increasing want for material things) has increased by leaps and bounds, creating mountains of waste. Also, our population has increased to an incredible extent. All this has contributed to a rise in greenhouse gases in the atmosphere. Fossil fuels such as oil, coal and natural gas supply most of the energy needed to run vehicles generate electricity for industries, households, etc. The energy sector is responsible for about ¾ of the carbon dioxide emissions, 1/5 of the methane emissions and a large quantity of nitrous oxide. It also produces nitrogen oxides (NOx) and carbon monoxide (CO) which are not greenhouse gases but do have an influence on the chemical cycles in the atmosphere that produce or destroy greenhouse gases. Carbon dioxide is undoubtedly, the most important greenhouse gas in the atmosphere. Changes in land
In what ways can venture capital impact the economic development of the Caribbean?
A) In what ways can venture capital impact the economic development of the Caribbean? Venture capital, otherwise known as patient, risk, or equity capital, is a type of long-term investment (five to ten years) that is typically invested in businesses with potential for high growth and profitability. Venture capitalists also bring practical managerial expertise to the investee company. Far from being merely inactive sponsors, venture capitalists cultivate development in companies through their participation in the management, strategic marketing and planning of their investee companies. Entrepreneurial businesses can be distinguished by their aspirations and prospective for growth. Such businesses are intending to grow speedily to a considerable size. Venture capitalists commonly finance new and rapidly growing companies, purchase equity securities, assist in developing new products and services, add value to the company through active participation, take risks with the expectation of higher rewards and have long-term orientation. Venture backed companies have been shown to grow faster than other types of companies. While venture firms will invest in companies that are in their preliminary start-up modes, they will also invest in companies at different phases in the business life cycle. This can be either before the company or product is organised, during the first or
''HIV/AIDS is the biggest halt to economic development of LEDC's in Africa''.
''HIV/AIDS is the biggest halt to economic development of LEDC's in Africa'' In Africa about 6,500 people die each day due to AIDS related illnesses and AIDS is now the leading cause of death in Sub-Saharan Africa. Latest statistics show that over 29 million of the 42 million people in the world who are HIV positive live in Africa. But how does this effect economic development? Development is the act of improving, by expanding, enlarging or refining- is AIDS/HIV the biggest halt to this in LEDC'S (Less economically developed countries) in Africa? For extra information I will be looking at Zimbabwe and Ethiopia for statistics and graphs. Economic development requires a strong working-age population for agriculture, education, industrial work and other sectors of economic activity. The impact of Aids is unique because it does more than prey on the elderly and the young, instead AIDS is most threatening to the working-age population (18-45) depriving families, communities, and entire nations of their young and most productive people. In Ethiopia about 90% of AIDS cases are between 20 and 49 years old. The economic impact is severe- in terms of loss of skills (teachers, health workers, professionals, skilled workmen and farmers). Infrastructure in Sub-Saharan Africa is not well developed, only 13 percent of the roads are paved, and less than 3 percent of the population have
to what extent is gdp per capita a useful measure of economic development
To what extent is GDP per Capita a useful measure of economic development? Gross Domestic Product (GDP) is considered by most economists to be the principal indicator of a nation or region's wealth. Alongside, GDP per capita is the most important measure of individual economic welfare. Gross domestic product per capita is one of the measures of national income and output for a given country's economy. It is the total value of all final goods and services produced in a particular economy; the dollar value of all goods and services produced within a country's borders in a given year. High levels of, and steady growth in, both GDP and per capita GDP are primary aims of economic policy. GDP is relatively straight forward and therefore widely understood. Secondly it is a well established indicator and one that is available for almost every country in the world, so that it can be used to compare income levels across countries. This means that it can show a measurement of economic development which is easily understood by many people and that it can compare economic growth either 1) across several countries and measure the change across this or 2) over several years for many specific countries if wished to do this way. However there are many critics and criticisms of GDP per capita in measuring economic growth as it does not take into account other elements which are important in
"Environmental degradation is neither the inevitable price of, nor a desirable path for, economic development
"Environmental degradation is neither the inevitable price of, nor a desirable path for, economic development." (UNDP, et al, 2005) Introduction Environmental degradation is now apparent on a global scale. In addition to the deterioration of what were once considered free goods (such as air and water), escalating scarcity of natural resources, deforestation, desertification and threatened bio-diversity are now commonplace across the spectrum. There are certainly no reservations over the scale of this degradation, however there is much controversy concerning the apparent environmental degradation - economic development nexus. Many have argued that short-term tradeoffs exist in the form of environmental degradation, for superior long-term economic gains. One of the positions put forward is that environmental degradation is the result and inevitable price of economic development. This viewpoint is based on the Environmental Kuznets Curve, regarding environmental degradation as the 'necessary evil' for achieving 'economic development' and suggesting that environmental assets are degraded in the early stages of economic development, only to improve after some income threshold has been passed at a later point. In the last decade, extensive literature has argued that a direct link between environmental degradation and economic development is too simplistic and that the
Compare and contrast the levels of economic development in the regions of Europe and Africa.
POLI 3043 - Regional Orders - Ian Jackson Compare and contrast the levels of economic development in the regions of Europe and Africa. To answer this question, the essay will be broken down into several 'areas'. Firstly an explanation will be provided of what regionalism means for both Europe and Africa. In addition to this a very brief explanation will be provided as to what regionalism is. Obviously both regions are on different stages of Hurrell's typology and this will be explained (for example Africa could be said to be in the stage of 'regional awareness and identity', while Europe can be said to be in the stage of 'regional interstate cooperation') and with reasons as to why will be provided. Also the ways in which Africa can improve themselves as an economy and move up the 'typology' ladder will be discussed. Questions will be raised as to why Europe and Africa are significantly different in their economies and in addition a brief history will be given on both regions and their economies. In addition points will be raised as to how the economy of Europe started out at a 'high level'; but Africa had to start right from the bottom; from this it will be shown what the current status of both economies is. Furthermore, both regions will be looked at in regards to how both economies are run which will show much of a contrast. As the question states; compare and contrast
