MUN102H1 Lecture Notes - Lecture 8: Microfinance
21 Mar 2017
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Mun102h1 f - global innovation ii: building policy solutions in the 21st century14/03/2017. Mun102h1 f - lecture 8 - managing complex environments (2) Education, information, some programming; but haven"t differentiated between legislation (regulation) / taxing / subsidizing program will have to answer why the other two weren"t chosen (efficient / effective / cost) How do these three become a solution to a problem? e. g. cyberhacking: you wouldn"t add legislation to force companies to add security against cyberhacking, but you could subsidize companies or provide tax benefits to companies to do so. Cap & trade system, example cfcs: overall, all companies must fulfill a cap, but those who are able go under the cap and sell the excess. Problem: big companies are not affected, as they can afford to buy emission permits from small companies for above market price. Will need people to enforce it, to check that companies don"t break the rule, but policy-making is a.
