ENVS 1126 Chapter : Ch 2 Economics Politics And Public Policy
Document Summary
Toxic air: china has 16 of the world"s most polluted cities (dust storms and sulfur dioxide from coal burning power plants) Toxic water: china is cancer capital; high esophageal and stomach cancer rate (yellow river is dry by irrigation and polluted) Economic growth can lift poverty, but at the cost of natural resources, hurts health. Capitalism (market decides) (us and china are mixed models) (eg. banks, public education, health care) Gatt (general agreement on tariffs and trade) then wto (world trade organizations) Problems: imports of shrimp caught without teds (to protect turtles from extinction, must use net so turtles can escape), child labor (can"t bring products into us) Intangible (human capital, social capital, knowledge assets (ex. Knowledge of what to do with a tooth ache) Land, labor, capital (50-80% of national wealth is intangible (bank went in to look at nations wealth)) found poor nations rely most on natural capital.
