Essays on Natural Resource

The AD/AS model is a simple but important way to explain challenging governmental decisions. The visual nature that the model presents, advanced by the dynamic ways it applies macroeconomics allows authorities to make general predictions regarding economic events. Picking a budgeted occurrence to study its effect on the tenets of the national economy helps the lawmakers to set necessary policies that ensure optimization of resources. For instance, parliamentarians apply the AD/AS model when deciding whether to add tax levels on a particular item or to reduce it. The effect that such a policy would have on the demand for ...

Physical Module: Venice

I have chosen the city, Venice for this assignment. As I mentioned in the introduction, I have been in Venice previous summer and I want to explore this site in more detail.

Geomorphology and Climatology

1) How did your selected city, town or village’s physical landscape form? i) What are the geological processes that contributed to the formation of your site? ii) What are the climatic processes that contributed to the formation of your site? The place, where Venice is located, is characterized by the transitional climate type between the continental and Mediterranean climate zones. The place of the city is ...

Physical Module: Venice

I have chosen the city, Venice for this assignment. As I mentioned in the introduction, I have been in Venice previous summer and I want to explore this site in more detail.

Geomorphology and Climatology

1) How did your selected city, town or village’s physical landscape form? i) What are the geological processes that contributed to the formation of your site? ii) What are the climatic processes that contributed to the formation of your site? The place, where Venice is located, is characterized by the transitional climate type between the continental and Mediterranean climate zones. The place of the city is ...

Problem

This article considers the fact that water is a scarce natural resource and that designing institutions that will maximize its use in a beneficial way is of the utmost importance. The concern of the authors in this article is to understand the ways water is assessed for its economic value. The authors of this article consider what are the most important factors when deriving estimates for water use. They are concerned primarily with establishing common baseline denominators for water values concerning quality, time, location and quantity, as well as identifying the proper point of view from which the values ...

Introduction

Resource curse has been one of the most debated economic issues for the past four to five decades. Indeed, it refers to a theoretical approach that connects certain indicators of a country’s economic growth to its reliance on natural resources such as oil, gas, and minerals. According to a general belief (termed as ‘resource curse’), the countries that are rich in natural and non-renewable resource are characterized by lower levels of democracy, economic growth, and development as compared to the countries with less or no reliance on these resources (Sachs, and Wartner, 2001). On the basis of the ...

BUSINESS IN EMERGING MARKETS

Introduction The theory of natural resource curse can be founded back from the 1970s. Resource curse has been an important topic for researchers since two subsequent decades; multiple research efforts have proposed the association between the production of resources, numerous socio-political ills, and, economic underperformance. The role of natural resources in the growth of the economy has been a question of immense debate. If the role of natural resources is considered in common sense, then economic growth theories propose that natural resources are the gift and economies through building their capital can grow economies. However, if the revenue spending ...

The term First Nations People is used to describe the indigenous tribes of Canada. It encompasses the First Nations but does not encompass the Inuit and the Metis tribes. The term Aborigines is often used to describe this group as well. These people are known for their land-keeping practices. The Aboriginal description entails the collective tribes that include the First Nations, the Inuit, and the Metis. The First Nations has been singled out as one of the most populated groups with a staggering population of 958,000 people. The term Aboriginal people denotes the original people that occupied the ...

(Teacher)

The Pacific Northwest enjoyed a strong timber economy for most of the 20th century. It is not surprising to note that where there were trees, people would build towns near the forests where they worked. Residents of the Willamette and Rogue Valleys of Oregon were strong, dedicated people who believed in a hard workday. Farms and retail built up around the timber communities and it seemed that as long as there were trees to cut down, there would be a booming economy. However, there were a few hiccups with that plan, and soon the loggers realized that unless ...

Article Review

Abstract Policy makers who are often tasked with checking on the rapid swings in the prices of goods have often sought guidance on the associated economics, casual factors, as well as, future trends. This has invariably been undertaken using the prescriptions of Gérard Gaudet (2007). As a result, the article will present the dynamics of the natural resource market in relation to the economic paper titled ‘The economics of exhaustible resources’. Worth noting is that the paper shapes up the entire latter field. This is by offering, therefore, describes the path that can be undertaken by the natural ...

Background information

The need for clean water for use by humanity has since time immemorial been an area of concern with scientists and scholars inventing methods that prove to be more efficient than their predecessors. The ultimate goal has always been the removal of undesirable chemicals and pathogens that would, however, render the water unfit for human and industrial consumption. In today’s contemporary society, human activity has culminated into pollution of the natural environment including water catchment areas. This has therefore made water unfit for consumption thereby prompting for more cost-effective and efficient methods for purification of this natural resource. ...

Analysis of Energy Sufficiency, Sustainability and Conflicts of US Forests

Abstract The focus of the paper is to analyze the economics of US forests. In particular, the paper analyses the energy sufficiency, sustainability, as well as potential conflicts regarding this essential us natural resource. Concerning forest sustainability, the paper will consider issues such as how the US can use and retain forests to meet different human needs, how it can preserve and promote healthy forests, and how the country can make ethical choices concerning forests. Key findings in the paper reveal that although the United States has shown some efforts in creating sustainability concerning forests, there is still much ...

Acknowledgement

For this paper, I would like to thank especially my professor for providing me the necessary insights for the development of the article. Without his lecture, progress will not be achieved in this paper. You are very much appreciated. For the other people who helped, I also would like to extend my deepest gratitude. Learning will not be as enjoyable as this without you.

Abstract

Natural resources are continuously being consumed due to the demands and needs of the people and the different institutions. However, the need to protect and preserve the natural resources is being less prioritized by most ...

Acknowledgement

This paper will not be possible without the aid of [academic institution or instructor]. Additionally, those who had extended their help. [Names], are very much appreciated. Mistakes could have been made, but is is learning with all of the people around that makes everything worthwhile.

Abstract

Economic growth is influenced by the amount of natural resources in a country. The exact manner by which it affects economic growth, however, is still disputed. While historical data and information may suggest that economic growth may be assured to those with more natural resources, it had been observed that there is a curse ...

Apart from the financial wealth, the wealth of a nation also consists of physical capital like roads, bridges, factories and machineries; human capital which is the productivity of the workable population and natural capital like coal, oil natural gas, minerals, forests, wetlands and agricultural lands . Among all these wealth components the most pivotal is natural wealth as all other wealth depends upon natural wealth, The other components of wealth are derived from natural capital. The long term survival of a nation depends on how it manages its natural capital. In this paper we are going to discuss the ways ...

The Hudson River Valley region was not what it looks like today. Changes began during the nineteenth century, when the industrialization era, still in its nascent stage was starting to take its hold away from the valley in the Great Britain. The River Valley was seen as a great natural resource because of its abundance of natural beauty and rich history. There were exquisite landscapes and indigenous farms dotting the Valley region that attracted both tradesmen and tourists. Famous painters and writers represented the valley in a dramatic way in their works (Kealy 157). The agriculturally rich Hudson River ...

Economic Impacts of European Union Membership to the United Kingdom

Since the UK joined the European Union in 1973, many things have changed and mostly it is on the economic situation of the UK. As it is well known, a good thing comes with advantages and disadvantages; if the advantages outweigh the disadvantages then it is worth the risk. Being an active member of the European Union, the UK has had to encounter both positive and negative economic impacts. In a general perspective, the positive economic impacts that the European Union membership has on UK’s economy are more compared to the negative impacts. Looking at the overall economy ...

Introduction

There have long been questions in the political science world regarding African nations and why African nations have developed in the way that they have. In general, African nations face high levels of corruption and conflict; some consider colonialism to be the most significant problem for Africa, but many political scientists consider the issue to be much more nuanced and much more complex than can be described only by the after-effects of colonialism (The Economist Staff). Significant bodies of literature have been written on each African nation, and to examine the historical trends for each nation independently would be ...

The problem the paper is addressing and why it matters

The article is addressing the natural resource protection of the buffer lands by wise resource management. The main concept of the article is to provide ecological protection with economic integration. This paper tends to add value to the health and well-being of in ecological goods and services. The paper matters a lot since it offers a paradigm of evaluating natural resources by suggesting the economical methods by which such a process can take place. Therefore, it provides an overall framework for natural environment evaluation by answering each question in detail (Burger, Gochfeld & Greenberg 2). Environmental assessment and evaluation is ...

Introduction

The world is currently experiencing a rapid pace of globalization. Globalization, in general, offers a more positive than negative set of effects to society. It makes countries more interconnected. The actual advantages of this worldwide phenomenon, in fact, come from the international interconnectivity that it creates. With a more globalized international marketplace, trade between two or more countries regardless of their geographical location becomes a lot easier. At some point, it may also become cheaper as more and more infrastructure projects get developed in anticipation of the emergence of a world that is so interconnected that countries cannot, especially ...

Abstract

The issues of environmental racism and environmental justice are the two major implications which involve counter response to deliberate human actions of harming that environment which has vicinity of some racially segregated sections of the society. In United States, sources of most harmful toxic wastes from industries and other commercial establishments are dumped close to those low-income neighborhoods like African American, Latin American, and Native Americans Thus, the above-stated phenomenon stands as an example of environmental racism where impact of toxic waste dumps, industrial waste incinerators, chemical drains into rivers, etc. are deliberately channeled towards racially ignored segments like ...

INTERNATIONAL TRADE LEGAL ISSUES

These agreements are about opening up new markets for Canadian businesses. The Canadian government has a commitment to creating the most desired and favorable conditions for businesses within Canada to compete internationally. These include two major agreements such as free trade agreements (FTAs) and also the foreign investment promotion and protection agreements (FIPAs) involving Canada and her trading partners for the creation of new business opportunities for the Canadian enterprises. In the case of FTAs, the agreement is in force between Canada and more than other fifteen countries that offers a competitive advantage ranging across various sectors. FIPA, on ...

Article APA Citation: Sachs, J. D., & Warner, A. M. (1999). The big push, natural resource booms and growth. Journal of Development Economics, 59, 43-76. Retrieved February 13, 2016, from http://dx.doi.org/10.1016/S0014-2921 (01)00125-8

Research Problem Addressed

The paper addresses the question of whether or not natural resource booms act as economic catalysts that low income countries can rely upon to overcome the fixed costs that come with the industrialization process as suggested by the big push reasoning. The authors’ main objective is to ascertain whether natural resource specialization by a country is an important strategy that can spur economic development. In this paper ...

Incorporation of Sustainability into Cost-Benefit Policy Analysis

Incorporation of Sustainability into Cost-Benefit Policy Analysis

Introduction

Among the most pervasive/influential concepts in the political and social discourse, sustainability remains one of the fundamental concepts. There are controversial and extensive debates on the extent to which policymakers should consider accountability of environmental and natural resources concerning cost-benefit analysis (CBA). Several views and opinions exist on how sustainable investments, businesses and projects can be carried out. Such opinions follow the fact that CBA needs to be relevant in valuing some of the most sensitive and significant effects on environment and natural resource base. The same is concerned with effects which ...

Written by Jeffrey D. Sachs and Andrew M. Warner, the paper, "Natural Resource Abundance and Economic Growth", was presented to a seminar for the Harvard Institute for International Development in November 1997. The primary finding by the researchers was that there was a negative association between economic growth (as measured by GDP) and abundance of natural resources in studied countries (Sachs & Warner, p. 2). That is, countries with less natural resources showed greater economic growth during the 20-year period from 1970-1990 (Sachs & Warner, 3). Historically, the researchers contend that such an association can be explained by so-called Dutch disease ...

Article Review: Natural Resource Economics under the Rule of Hotelling

In 1931, Harold Hotelling published an economic paper titled ‘The economics of exhaustible resources’ in the Journal of Political Economy. This paper would later go on to shape a whole new field of economics, the economics of natural resources (Gaudet, 2007). Though at the time not taken seriously because economists were more concerned with other much pressing economic issues such as the Great Depression, the paper laid both a theoretical and empirical framework for the functioning of natural resource markets and how to solve pertinent issues in this market (Gaudet, 2007). This framework later became the Hotelling rule. Seventy-five ...

Abstract

The water problem is among the leading challenges affecting millions of people in Africa. According to the United Nations, water is a requisite human right. Hence, water is a source of life, yet water shortage has become a global issue. Africa is one nation that faces serious water shortage problems due to the tremendous increase in population and climate change. Moreover, the increase in water consumption for industries, and agriculture have stressed water supply systems because the consumption now exceeds the nature’s supply of water. There are limited sources of clean water supplies to the African population. Therefore, ...

The use of oil as an energy source has economic effects on oil producing countries. There is a high demand for more oil owing to the increasing population growth and oil prices. Attributable to the rise in oil prices, there is a sweeping revolution in the use of renewable energy in the Arab world so as to promote the use of domestic clean energy. The rise of oil prices in the Middle East has enabled the push towards the use of renewable resources. The big producing oil-rich countries in the near future will eventually exhaust their oil resources, and it is ...

Hydraulic fracturing, or fracking as it is commonly referred to as, can be considered as the most innovative technology in energy production in the 21st century. Fracking is the process of breaking up the shale found beneath the surface of the earth to extract natural gas supplies (Hasset & Mathur, 11). It involves the process of drilling a series of holes into the ground, which are then pumped with a fluid (mainly water) to create pressure that forces natural gas out of the cracks for extraction. In as much as hydraulic fracturing has been adopted widely as a method of extracting oil and ...

Abstract

The research tests the Independent variables in the hypothesis of rich oil versus less oil countries. The occurrence of conflicts served as the dependent variable, and the countries that have proven access to oil deposits have served as the unit of analysis. To prove this research hypothesis, the research methods that have been done by collecting information regarding the presence of oil deposits in the subject countries and other economic indicators such as the national GDP (Gross Domestic Product), among others. The collection of data focused on: Oil income, GDP, and Fail States. The analysis was done using the ...

CITIZENSHIP FOR ELEMENTARY SCHOOL

Applied Research Project (Proposal Defense)

Introduction

Developing countries of the world today are facing unprecedented challenges in attaining sustainable development. Many developing countries are plagued by issues such as poverty, population growth, terrorism, dearth of qualified teaching staff, and territorial conflicts. To find a solution to this, many economists have devised various strategies both at the macroeconomic and microeconomic levels. Many people around the world will tell you that fossil fuel is Saudi Arabia’s greatest natural resource, but they are wrong because the children are the greatest resource. An excellent education of Saudi Arabian children is the key to ...