Global economic Assignment Example | Topics and Well Written Essays - 6000 words

Global economic - Assignment ExampleSimon, an economist, and P. Ehrlich, a biologist (Economist 2011). In the book of Ehrlich under the title Population bomb reference is made to cinque metals, the hurt of which was expected to make up in the following ten years because of the amplify of community globally a bet has been set between Ehrlich and Simon who opposed the above argument, noting that no such increase would seclude place, a view that was verified up to 1990s (Economist 2011). According to the article, if the above issue were reviewed now, a opposite result would be revealed. Indeed, if the views of these scientists were comp atomic number 18d today, Ehrlich would have won the bet (Economist 2011). In other words, the article aims to highlight the diametrical effects of growth of global race, as reported through the decades. It is noted that in the past, the effects of the increase of universe globally would be less negative for the environment compared to today thi s view is based loosely on the argument of the World Bank that the global food production would have to increase by about 70% by 2050, so that the food needs of global population, estimated to 9 million in 2050, to be covered (Economist 2011). However, it has been proved that areas with stable population, like Europe and USA (Economist 2011) tend to affect more(prenominal) the global climate, compared to countries where the level of population is unstable. Under these terms, it is suggested that the control on the rate of growth of population should be developed both at state and at family level. 2nd version The rate of increase of population globally has been often considered as related to the economy of countries worldwide. At the same time, the effects of increase of population on global climate seem to be important. However, these views have not been standardized through the decades. For example, jibe to the book The Population Bomb of Ehrlich, the increase of global populati on between 1980 and 1990 could lead to the increase of the price of five metals copper, chromium, nickel, tin and tungsten (Economist 2011). By 1990, no such increase occurred, a fact that was already highlighted by Ehrlich opponent, Julian Simon (Economist 2011). In the years that followed, a different trend appeared it was made clear that the increase of global population could lead to the increase of food required for covering peoples daily food needs, an issue highlighted by the World Bank (Economist 2011). In addition, it was proved that the increase of global population could negatively affect the environment. It seems though that the economic and environmental effects of the increase of global population are more intensive in rich countries, like USA and China. Introducing a birth-control insurance, as in China, would besmirch such risks. Still, the article notes that the control on global population should be rather based on appropriate family planning and less on the inte rvention of state, which can lead to severe demographic and economic turbulences, as in the case of China. In the above country, the one-child policy promoted by the government has helped to control the excessive increase of population, which would have adverse effects on the countrys economy and climate, but this policy is expected to lead to the radical decrease of the countrys working population in the devout future (Economist 2011). B. Peck, Don. Can The Middle Class Be Saved? Atlantic Monthly September 2011 maiden version Commonly,