The increase in population growth spurs worries that the developing nation might deplete their food supplies. The vast society's consume more resources when compared to the small societies, however, the patterns of consumption and choices in the technology used might account for the environmental harms than the number of people. The population of the united states for example is one fourth that of India or China, . However, the US is presently using far more energy due to the fact that the Americans are more affluent, and they use their wealth to purchase the energy intensive food like electronics and cars. However, India and China are growing and as a result becoming more affluent, hence their environmental impact shall increase due to the size in population
PART (A) 1-INTRODUCTION: The general increase in global food prices is one of the current crises that most of countries are suffering from. This crisis has begun by 2005 when the general food prices had faced an incredible increase in many countries across the globe (www.globalissues.org). However, many economists and spectators have confirmed the general increase in global food prices. For instance, The Economist's food-price index stated that food prices are higher today than at any time since 1845. Even in real terms, prices have jumped by 75% since 2005’ (economist.com 2007).
With the combination of those actions causes an upward surge on oil prices which escalated from $14 per barrel of the beginning of 1979 to more than $35 per barrel in 1981. The reasons for that influxes of prices could be the result of the revolution and the war between the Iraq- Iran which caused crude oil prices to triple. The higher oil prices depressed countries for example the United States whose petroleum consumption was reduced and the energy conservation and fuel switching was encouraged. This movement had a huge influence on U. S petroleum demand from 1978 to 1983 fell from 18.8 to 15.2 million barrels per day which was the lowest level since 1971.
Government Taxes It is not the brightest idea to raise taxes for an already sluggish economy. It can only have negative effects on growth, investment and job creation. Taxes lead the list of many issues that need resolution in our society today. If action is not taken we will see higher personal taxes, higher taxes on capital and on estates. GDP will be affected because the supply of a product will go down and the demand may get higher.
In 2001, Gordon Brown referred to child poverty as a ‘scar on Britain’s soul’. This scar is taking a very long time to heal. So why are so many children in poverty? In the three months to September 2011, unemployment rose by 129,000 to 2.62 million (Office for National Statistics, 2011). Perhaps many things could be blamed for this; economic growth is slow - it is an employer’s market that can chose to pay minimum wage for positions which are unsecure, government spending cuts, higher interest rates, perhaps even the eurozone crisis.
Diseases have a better chance of being spread now days because of the increase of travel globally. Price rise all over has made many governments unable to maintain a stable welfare for citizens in various developed countries. As if it were all part of a ripple effect. (Pillai, 2008) Where did globalization
Sub-Saharan African countries experienced a decade of falling per capita incomes, increasing hunger and accelerating ecological degradation. This condition has therefore led to the government of these countries to undertake reforms (World Bank 1989). Weak agricultural growth has been one of the factors that led to the crisis in Sub-Saharan African countries. This decline in agricultural growth has been caused as a result of drought. The rate of population growth in most Sub-Saharan African countries was so high that domestic demand for food could not match the supply, this therefore led to widespread of hunger, decline in the exportation of agricultural produce and the fall of the market share of Africa’s major export (World Bank 1989).
The Rand fell from $1.14 to $0.40 between 1981 and 1989 and a state of emergency was declared. South Africa had debt worldwide and sanctions were placed against many of South Africa’s imports. It eventually called a ‘standstill’ on payments in international debt, which were in the area of twenty-four billion US dollars. Undeniably sanctions against South Africa, lead by governments had an impact. But the question is whether or not they can be considered successful.
In 1980, with the influx of North Sea oil, the pound appreciated strongly relative to currencies in which Massey sold its products. Lack of alignment between production sites and market also lead to currency losses. As engine production was heavily concentrated in the United Kingdom, strong British pound increased Massey’s cost of goods sold from U.S.$2381.8 millions in 1979 to U.S.$2568.5 millions in 1980 and hurt the profit margin. Another factor was high interest rate .From the income statement (Exhibit 2), it illustrated that the interest expense rose from U.S.$128.8 millions in 1979 to U.S.$229.9 millions in 1980 despite the improvement of net sales. The high interest rate of 1979 and 1980 had a negative impact on Massey’s sales performance.
By 1976 Zambia had a balance-of-payments crisis, and rapidly became massively indebted to the International Monetary Fund (IMF). The Third National Development Plan (1978–83) had to be abandoned as crisis management replaced long-term planning. By the mid-1980s Zambia was one of the most indebted nations in the world, relative to its gross domestic product (GDP). The IMF was insisting that the Zambian government should introduce programs aimed at stabilizing the economy and restructuring it to reduce dependence on copper. The proposed measures included: the ending of price controls; devaluation of the kwacha (Zambia's